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Grenada Advances Offshore Hydrocarbon Strategy with Trilateral Oil & Gas Commission Proposal

Grenada is taking steps to solidify its nascent petroleum sector with a proposal to establish a trilateral boundary commission alongside Venezuela and Saint Vincent and the Grenadines

The Government of Grenada has formally proposed the establishment of a trilateral oil and gas coordination commission involving Venezuela and Saint Vincent and the Grenadines, as part of efforts to delimit maritime boundaries and develop its nascent offshore hydrocarbon industry. For Grenada – which is seeking to ramp up exploration…