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CUPET — Cuba Petróleo Unión
aka CUPET, Cuba Petróleo
State — embargo-restricted
State oil & gas monopoly: refineries, the Matanzas supertanker base, onshore oil JVs. Counterparty to confiscated-refinery Title III exposure (Exxon/Belot).
Assets controlled (6)
Ports · Matanzas
Matanzas Supertanker Base
Slow reconstruction; national energy-resilience rebuild + storage diversification
🔴 Stateℹ️ Atlas — info only
Energy · Matanzas/Mayabeque
Boca de Jaruco / Varadero Oil Fields
EOR is the opportunity
🟡 Joint ventureℹ️ Atlas — info only
Energy · Cienfuegos
Camilo Cienfuegos Oil Refinery
Modernization + feedstock opportunity
🔴 Stateℹ️ Atlas — info only
Ports · Cienfuegos
Port of Cienfuegos
One of Cuba's best natural deep harbors; petrochemical/bulk + refinery revival
🔴 Stateℹ️ Atlas — info only
Energy · La Habana
Belot Oil Refinery (Esso/Exxon)
ACTIVE Title III suit
🔴 Stateℹ️ Atlas — info only⚠️ Title III risk — active suit
Energy · Santiago de Cuba
Texaco Refinery (Santiago)
Confiscated 1960
🔴 Stateℹ️ Atlas — info onlyConfiscated · no active suit
Sources: Reuters / OnCuba