Exploration for oil to begin offshore Havana

The Cuban capital Havana may become Cuba's third largest oil producing territory, after Matanzas and La Habana provinces, said experts of Cuba Petroleo Company (Cupet).

CUPET experts said five off-coast exploration wells are to be drilled in Habana del Este, Cojimar, Alamar, Bacuranao and Tarara, at the so-called heavy crude strip, reports Prensa Latina news agency.

The specialists said some wells may yield lighter, lower sulphur oil, improving its commercial value and usage, helping to enhance its industrial power and domestic supply and replacing imports.

Cubahora rates domestic oil output growth in 2007 at four percent compared to 2006 and near sevenfold the 1990 output, and covers 47 percent of the national demand.

(Caribbean Net News)