Sunday, May 29, 2011

Cuba to drill oil in Gulf of Mexico

Cuba to drill oil in Gulf of Mexico
English.news.cn 2011-05-28 11:28:56

HAVANA, May 27 (Xinhua) -- Cuba expects to soon start drilling
exploratory wells in the Gulf of Mexico and produce four million tons of
oil and gas in 2011, a Cuban oil industry official said Friday.

"This year the oil production is surpassing the plan," said engineer
Rafael Tenreyro Perez, exploration manager at the state-run company
Cubapetroleo (CUPET).

He said the island nation is extending its cooperation programs with
foreign partners in the Gulf of Mexico and also on land.

Right now, domestic oil production can only meet half of the country's
energy demands, with the rest coming from its political ally Venezuela.

According to official data, Cuba produced about four million tons of oil
and drilled 25 wells last year.

http://news.xinhuanet.com/english2010/business/2011-05/28/c_13898516.htm

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