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The company is involved in the extraction of petroleum deposits as well as the refining and distributing of petroleum products. In conjunction with the conglomerate CIMEX, it operates a chain of filling stations selling gasoline in convertible pesos. The extraction is based in Cuba's northern region of Havana Province (Provincia de la Habana).
Cuba has three producing offshore oil fields within 5 km of its north coast. [2] A 2004 partnership between Spanish oil company Repsol-YPF and Cuba's state oil company Cupet estimated Cuba's off-shore reserves to be able to ultimately produce between 4.6 and 9.3 billion barrels of crude oil. [3]
Category: Petroleum industry in Cuba. 4 languages. ... Oil and gas companies of Cuba (3 P) This page was last edited on 24 January 2020, at 23:30 (UTC). ...
Proven oil reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated, with a high degree of confidence, to be commercially recoverable from a given date forward from known reservoirs and under current economic conditions.
The idea for a film based on the Cuban recovery first arose in August 2003 when Morgan traveled to Cuba as part of the Global Exchange program. Amazed by stories of survival during The Special Period, she learned that the Cuban economic crisis was survived with a fundamental shift in the country's economic policies, rather than with new energy sources.
Pages in category "Oil and gas companies of Cuba" The following 3 pages are in this category, out of 3 total. This list may not reflect recent changes. C.
The economy of Cuba is a planned economy dominated by state-run enterprises. In the 1990s, the ruling Communist Party of Cuba encouraged the formation of worker co-operatives and self-employment. In the late 2010s, private property and free-market rights along with foreign direct investment were granted by the 2018 Cuban constitution.
Pages in category "Petroleum in Cuba" This category contains only the following page. This list may not reflect recent changes. O. Oil reserves in Cuba