Private Companies Seek to Import Fuel Amid Cuban Energy Crisis
Private Cuban companies are importing diesel under US Treasury licenses to ease fuel shortages after Venezuelan deliveries stopped, amid rationing and suspended sales.
- Private Cuban companies are attempting to import fuel after the Cuban government agreed to end its monopoly, with no limits set on purchases, sources say.
- The crisis worsened after Venezuelan deliveries halted and amid Washington's threats, driven by Cuba's currency constraints, affecting fuel imports.
- Under OFAC licenses, private firms import fuel using isotanks through state-owned importers, with safety controls not clearly outlined, an anonymous owner said.
- Generators and public services face diesel shortfalls disrupting electricity, transport, agriculture, and water, while private entrepreneurs seek diesel from neighboring countries and Europe to fill gaps.
- Companies face hurdles including foreign payment and transport obstacles, while a businessman interviewed by AFP says authorities have `not set any limits` on purchases but forbid resale.
25 Articles
25 Articles
The option, a breath of air in the face of Washington's energy asphyxiation, is nevertheless threatened by the gruesome Cuban bureaucracy, with its many conditions, and by the ambiguous shadow of US sanctions.
Small Cuban private companies began to import fuel directly in the midst of the oil blockade of the United States, while international firms based on the island explore this route, as EFE may have known.The option, a breath of air in the face of the energy suffocation induced by Donald Trump, is nevertheless threatened both by the cumbersome Cuban bureaucracy, with its multiple conditions and delays, as well as by the shadow of US sanctions.Furt…
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.
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- 46% of the sources are Center, 45% of the sources lean Right
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