Cuban Oil Industry

The Cuba-Petroleo Company (CUPET) is the organization that will effectively satisfy the supply of fuel and lubricant to the national market, maximizing the value of the national fuels with competitive products in the Caribbean area, based on the application of top technology and a highly qualified human potential, and involved in the development of the country.

About CUPET





CUPET in numbers

The oil industry is already an important element of the Cuban economy. The Cuba-Petroleum Union is committed with the increasing production, expanding industry, and fuel quality and savings.


OIL AND GAS PRODUCTION

...

Equivalente OIl

Approximately 4 million tons per year (25 million barrels per year)

...

Crude Oil

Approximately 3 million tons per year (19 million barrels per year)

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Natural gas

Approximately 1 100 million cubic meters per year.

Human Capital

More than 24 000 employees:
% High Level
% Midle Level
% Womens
% Men

Refining

135 mil barrels per day

  • Ñico López

    Medium Conversion

ProcesosMBPD
Atmospheric destillation 36.4
Vacuum destillation 18.0
Cathalytic cracking 12.5
Reformer2.7
Hydrofination
distillates
3.2
  • Sergio Soto

    Hydroskiming

Processses

MBPD
Atmospheric destillation 2.8
Vacuum destillation 1.4
  • Cienfuegos

    Medium Conversion

ProcessesMBPD
Atmospheric destillation65.0
Reformer9.6
Hydrofination distillades 25.0
  • Hermanos Diaz

    Medium Conversion

ProcessesMBPD
Atmospheric destillation30.0
Vacuum destillation18.0
Reformer2.7
Hydrofination
distillates
7.0





Category

Our Enterprises



They meet part of the country’s energy needs as a result of exploration, development of the exploitation of oil gas deposits and specialized services, either directly or in return for foreign firms, representing CUPET.







Bussines

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Doing Business with CUPET

We are the authorized organization to establish relations with foreign oil companies to explore and produce hydrocarbons in the Republic of Cuba and in its Exclusive Economic Zone, by its own means or in association with foreign companies. Since 1991 Cuba has adopted a policy of attracting foreign investment to key sectors of the economy, […]

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CUPET and the World

The Cuba-Oil Union (CUPET) has business and training agreements with the following countries: Business: Canada, Venezuela, Angola, Russia, China, Vietnam Training: Canada, Mexico, Venezuela, Trinidad and Tobago, Brazil, China, Argentina, Norway

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AEI & Joint Ventures

International Economic Associations Sherrit International Cuba Established in 1992, Sherritt’s Oil and Gas operations in Cuba have grown from a modest oil recovery program to an intermediate exploration and production business that contributes significantly to the success of the Corporation. Over the years, Sherritt has demonstrated its ability to find, develop and produce oil and […]

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People information

Province

Commercial houses