PDVSA is freezing plans to export LNG from Venezuela to foreign markets as a result of falling gas prices.
The state company will now focus on developing its offshore gas fields to satisfy domestic demand, gas director Anton Castillo told Reuters.
PDVSA had been planning to produce LNG from the offshore Mariscal Sucre project and the Plataforma Deltana field. The first is estimated to hold reserves of 14.7
