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Petrobras to Explore Gas in Venezuela

Venezuela is developing its gas fields in order to meet its domestic needs and eventually export

Petrobras to Explore Gas in Venezuela

Brazil's state oil and gas company Petrobras is to launch natural gas exploration in central Venezuela this year.

Jorge Luis Sanchez, president of Venezuela's state-run gas company, said that the field is situated near San Carlos, 300 kilometers west of Caracas.

Venezuela is developing its gas fields in order to meet its domestic needs and eventually export. President Hugo Chavez says Venezuela plans to become the top supplier of natural gas to fellow Latin American and Caribbean nations.

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