Cuba Reforms Its Oil Sector and Authorizes Concessions
13 Articles
13 Articles
Cuba announced, on Monday (12), a reform in its oil sector, which includes concessions to foreign investors and the opening of the local private sector, as part of its economic liberalization program.
Cuba announced Monday a reform of its oil sector, which includes concessions to foreign investors and opening up to the local private sector, as part of its economic liberalization programme.
The new legislation "incorporates other alternatives, including the oil concession, which may be more attractive to certain investors," explained Pedro Abigantus.
Latin American Summary, October 12, 2026. The Ministry of Energy and Mines announced Decree-Law 135, which facilitates investments in the hydrocarbon sector The Major of the Antilles is committed to the development of its energy capabilities and the recovery of the hydrocarbon industry, as confirmed by Pedro Abigantus León, director [...] La entrada Cuba. Updating legislation on oil and gas exploration and exploitation was first published in Lat…
The Ministry of Energy and Mines presented Monday the new norm, published in the Official Gazette, which seeks to increase production, attract investment and guarantee the energy sovereignty of the country
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