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Weekly report on Cuba's tourism industry
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Cuban Oil Sector Attracts Business Interest
Monday, February 20, 2017

Havana.- The interest of foreign companies to invest in the Cuban oil sector was highlighted in the Oil and Gas 2017 event, which was held in this capital.

The event, organized by International Research Networks and Cuba Petroleo (CUPET), brought together some 260 delegates from 70 hydrocarbons companies from 15 countries.

These entities represented Russia, India, Germany, China, Italy, Panama, the United Kingdom, Canada, Australia and Mexico.

In the agenda of the meeting, the company BGP Inc, China National Petroleum Corporation reported on the studies carried out in about 25,000 kilometers of high-resolution seismic lines.

This work began in 2016 and will be extended for 12 months, in order to identify and evaluate areas with potential for hydrocarbon exploration.



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