In Havana to Begin Exploration of Oil Strip
- Submitted by: admin
- Business and Economy
- Science and Technology
- 06 / 25 / 2008
CUPET experts said five off-coast exploration wells are to be drilled in Habana del Este, Cojimar, Alamar, Bacuranao and Tarara, at the so-called heavy crude strip, reports Prensa Latina news agency.
The specialists said some wells may yield lighter, lower sulphur oil, improving its commercial value and usage, help enhance its industrial power and domestic supply and replace imports.
Cubahora rates domestic oil output growth in 2007 in four percent compared to 2006 and near seven fold the 1990 output, and covers 47 percent of the national demand.