US Edition
Private Companies Seek to Import Fuel Amid Cuban Energy Crisis
Cuba allows private firms to import fuel under US Treasury license to ease shortages amid rationing and suspended diesel sales, with shipments expected soon, officials said.
- This month, Cuban private companies began importing diesel under a license from the U.S. Office of Foreign Assets Control to respond to the crisis.
- Facing a chronic fuel crunch worsened by halted Venezuelan deliveries and U.S. pressure, Havana authorized private imports this month amid a foreign currency shortage and emergency fuel measures.
- A private businessman said his firm bought an isotank to import nearly 25,000 liters through a state-owned importer, with delivery due this week amid payment, transport, and resale challenges.
- On the island of about 9.6 million people, diesel sales are suspended and gasoline is drastically rationed, straining generators and decentralized electricity production as well as transportation, agriculture and the water sector.
- The U.S. Office of Foreign Assets Control granted a license years ago, but Cuba only recently authorized private fuel imports amid crisis and Washington's tariff threats.
20 Articles
20 Articles
Small private companies in Cuba confirmed to EFE that they have already begun to receive imported fuel in the midst of the US oil blockade.
The regime agreed to put an end to its monopoly in this area after the cessation of supplies of Venezuelan oil.
The US blockade plunges Cuba into a serious energy crisis. In response, the government in Havana allows domestic private companies to import fuel for the first time. An entrepreneur reports on concrete plans, but also on uncertainty.
Radio France Internationale
These members of the limited private sector in Cuba - who spoke anonymously - are the spearhead of a series of individual business initiatives working in this regard.The entry The private sector in Cuba already receives imported fuel despite the US oil siege was first published in La Voz de Michoacán.
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