Russia may produce oil in Cuba

Russia may produce oil in Cuba
28.09.2015 | Source: Pravda.Ru

Russian state oil company Rosneft considers oil prospecting and
production in Cuba. The key issues relating to the implementation of the
project will be discussed by the Russian President and President of Cuba
Raul Castro at the UN General Assembly.

Russia has already started delivering Cuba electric power equipment.
Another Russian state-controlled oil company Zarubezhneft considers the
increase of enhanced oil recovery at the Boca de Jaruco oil field. A
joint project on the modernization of a thermal power station in the
towns of Mariel and Santa Cruz del Norte is also being discussed.

Russia intents to get involved in the oil exploration between Cuba and
Florida. Last year the Russian companies Rosneft and Zarubezhneft signed
an agreement with Cuba on the oil prospecting off the Cuban coast.
According to the agreement, Rosneft is to set bases for staff in the
Cuban port of Mariel, and equipment for offshore drilling rigs, as well
as a system of pipe lines and a helicopter pad.

Source: Russia may produce oil in Cuba - English pravda.ru -
http://english.pravda.ru/news/business/28-09-2015/132145-oil-0/