OFAC eats Dragon, revokes license for Dragon and Cocuina fields

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.Apr.2025) — The Office of Foreign Assets Control (OFAC) has revoked 2 special licenses important to Trinidad and Tobago. 1 for the Dragon natural gas field and another for the cross border Manakin/ Cocuina field, the country’s Prime Minister and head of the Ministry of Energy and Energy Industries (MEEI) Stuart Young revealed during a special press conference in Port of Spain.

The wind down period is until 27 May 2025, Young said.