|
Cuba speaks highly of PetroVietnam’s capacity
Vietnam National Oil and Gas Group (PetroVietnam) is a trust partner with a huge potential for development, said Rafael Tenreyro, Manager of Exploration of Cuban Petroleum Corporation (CUPET).
Speaking to reporters on October 16 at Puerto Escondido oil field, 80 km east of Havana, CUPET Manager Tenreyro said PetroVietnam has a strong contingent of technicians who work effectively and creatively.
PetroVietnam is one of five foreign partners who are carrying out exploration and exploitation projects in Cuba and the group is deploying geological surveys at some lots offshore and on land.
Cuban oil officials said on October 16 that Cuba may have more than 20 billion barrels of recoverable oil in its offshore fields.
Cuba is currently producing about 60,000 barrels of oil and 20,000 barrels equivalent of natural gas daily from onshore wells scattered mostly along its northern coast. Cuba’s production covered almost 50 percent of its daily energy needs.
VNA
|
