Repsol Maintains 580 MMcf/d Gas Output at Venezuela's Cardón IV Field

Repsol confirmed at an industry summit that it continues producing 580 million cubic feet of gas per day at the Cardón IV field in Venezuela, one of Latin America's largest reserves. The statement signals operational stability despite broader sanctions and political risk, but does not indicate any change in output levels or new investment. This matters as it underscores the resilience of foreign energy operations in Venezuela and the ongoing role of gas in regional supply.