<p style="text-align: justify;">By Carlos Manuel Rodriguez - May 18, 2011 1:00 AM GMT-0400. Cuban deepwater exploration projects that will begin this year have a high probability of success and may increase the island nation’s oil output by more than 500 percent, said Jorge Pinon, energy fellow at the University of Miami Center for Hemispheric Policy.If successful, the new round of exploration may lead to production of 200,000 to 300,000 barrels of oil a day, Pinon said in an interview yesterday in La Jolla, California. Cuba imported 96,000 of oil a day in 2009 while it produced 47,500 barrels daily, according to a presentation from Pinon.
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