Maduro's socialist government has held inconclusive talks with European companies including Repsol, Eni and Shell, about a capital-intensive project to recapture up to 1.5 tcf of flared gas for the domestic market and exports.
In the last five years, unprocessed gas flared into the atmosphere during oil production has surpassed volumes sold commercially, turning the country into one of the world's largest natural-gas flarers, according to the EIA.
The South American country's output fell to 4 billion cubic feet per day (bcfd) this year from almost 8 bcfd in 2016, data from consultancy Gas Energy Latin America shows.
The story "Irrespective of who wins election, Venezuela faces natural gas problem" has 946 words across 29 sentences, which will take approximately 4 - 8 minutes for the average person to read.
Which news outlet covered this story?
The story "Irrespective of who wins election, Venezuela faces natural gas problem" was covered 1 days ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 275 news stories per day.
It's most recent story was published 2 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
