Baker Hughes Signs Two Agreements to Develop Venezuela's Natural Gas and Energy Infrastructure

Baker Hughes signed a strategic alliance agreement with PDVSA, Lindsayca and Fulcrum LNG to revitalize and expand Venezuela's natural gas infrastructure, plus an MOU with New Stratus Energy for future oil and gas development. The framework aims to connect upstream development, midstream, gas monetization and LNG commercialization, with a stated goal of producing Venezuela's first exportable LNG molecules. Any specific project remains subject to definitive agreements, internal approvals, and U.S.

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