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FOREIGN GEOLOGISTS & PETRO EXPERTS TOUR ISLAND

Cuban oil officials took foreign geologists and petroleum experts on a tour of the island’s oil and natural gas works to attract more international interest in investment, reports said.

Attendees at an earth sciences conference were taken to several extraction facilities in a deposit-rich strip along the northern part of the island, which includes the $200 million Cuban-Canadian natural gas plant in an area called Boca de Jaruco.

According to reports, about 95% of Cuba’s daily production of 85,000 barrels of petroleum and 120 million cubic feet of natural gas comes from the region along the north coast.

Source: Real Time Traders

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