Shell aims to bring gas from Venezuela to Trinidad in 2026, sources say
1. Shell plans to start natural gas production in Venezuela by 2026, ahead of schedule. 2. This may enhance SHEL's export capabilities and revenue potential from the region.
FAQ
Why Bullish?
The early production at the Dragon gas field likely increases revenue streams, similar to Shell's positive performance following strategic expansions in the past.
How important is it?
The project signals growth and enhanced operational scope, likely attracting investor confidence which can positively affect SHEL's stock.
Why Long Term?
Increased production capacity will solidify Shell’s market position in the long run, evidenced by historical gains from similar projects.