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