Cuba Can Increase Oil Production

(Prensa Latina) Cuba might increase its production of oil and gas at the Economic Exclusive Zone of the Gulf of Mexico, said Cuban engineer Manuel Marrero Faz, said one of the local main experts on the topic Tuesday.

Engineer Marrero Faz intervened at the first working session of the 3rd Cuban Earth Science Convention in this capital, and explained how in the 2009-2012 period, a number of eight oil wells might be drilled in deep waters of the Gulf of Mexico, as a minimum.

Marrero Faz, a member of the Cuban Geology Association, said that with the support of the Cuban government has allowed reaching relevant results on productivity and technological applications.

He added that foreign investment has given good results with the introduction of new technologies in oil exploration and the total reduction of environmental contamination.

“At this moment, the emergent oil industry is already an important element of the Cuban economy,” Marrero Faz concluded.

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