PDVSA Gas to Develop Deltana's Block 1 Alone

Venezuelan state natural gas firm PDVSA Gas has decided to develop block 1 of its offshore Plataforma Deltana project area without seeking a partner, company president Anibal Rosas told BNamericas.

"Yes, in that one we will go solo," he said in reference to block 1. "There are areas that we will handle ourselves; we have developed the expertise in a short time."

The property holds at least 1 trillion cubic feet (Tf3) of natural gas reserves, according to the government.

"In other offshore areas, yes we will seek [to partner] with people that have experience," Rosas said, declining to provide a detailed E&P schedule for the block 1 development.

Some government oil and gas experts in the past believed that PDVSA would need a partner for block 1, where the government has said that early production could reach 200 million cubic feet a day (Mmf3/d).

PDVSA Gas is a unit of state oil firm PDVSA.

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