Putin greets KamAZ-Master team - winner of Silk Way RallySport July 22, 15:20
Agreements on East Ghouta zone in Syria signed - Defense MinistryWorld July 22, 14:20
PAK FA offers practically unlimited opportunities to pilot - commanderMilitary & Defense July 22, 11:29
Ukraine's National Broadcasting Board issues fine to Public Radio for 0% Urkainian songsWorld July 22, 5:39
Femen movement activists faces 5 years in jail for trying to frustrate summit meetingWorld July 22, 4:38
Russian Deputy PM dismisses allegations he will arrived in Moldova on warplaneRussian Politics & Diplomacy July 22, 2:46
Russian top diplomat shares his impressions from meeting with US leaderRussian Politics & Diplomacy July 21, 20:31
Lavrov bewildered US special services give no facts of Russia’s meddling in US electionRussian Politics & Diplomacy July 21, 19:46
Putin says USSR collapse had greatest impact on himSociety & Culture July 21, 18:37
HAVANA, February 9. /TASS/. The Cuba Oil & Gas 2017 forum that opened in the Cuban capital city of Havana on Wednesday has brought together delegates from about 70 companies from 15 world nations, including Russia, China, Italy, France and the United Kingdom, Prensa Latina said.
The two-day forum will center round investment possibilities of the local oil industry and prospecting projects, according to Paola Galanti, international business director at International Research Networks, a co-organizer of the forum along with Cuba’s state oil company Cupet.
Among advantages of investing in Cuba’s oil sector, the Cuban side cites complete government support, big experience in working with foreign partners, availability of highly qualified personnel, vast prospecting areas both off the island’s northern coast and in the exclusive economic zone in the Gulf of Mexico.
Cuba’s Deputy Minister of Energy and Mines Ruben Cid, who presented basic guidelines for the development of Cuba’s energy sector, said that his country "attaches significance to all energy sources and their rational use in the interests of energy independence."
Currently, Cuba produces about four million tonnes of oil equivalent hydrocarbons as year, which are used for electricity generation.