Energy & power plants · La Habana

Belot Oil Refinery (Esso/Exxon)

Confiscated refinery + 300+ stations

🔴 Stateℹ️ Atlas — info only🚫 OFAC SDN⚠️ Title III risk — active suit

Scale

$71.6M certified; Exxon now claims >$1B

Status

ACTIVE Title III suit

Sector

Energy & power plants

Province

La Habana

Coordinates

23.130, -82.310

Layer

Layer 2 · Atlas

Notes

9th-largest certified claim.

Controlling entity

CUPET — Cuba Petróleo Unión🚫 SDN

State oil & gas monopoly: refineries, the Matanzas supertanker base, onshore oil JVs. Counterparty to confiscated-refinery Title III exposure (Exxon/Belot).

Helms-Burton · confiscated property

⚠️ Title III risk — active suit

Original owner (1960)

ExxonMobil (Standard Oil/Esso)

1972 certified value

$71.6M

Current claim-holder

ExxonMobil

Certified (FCSC)

Yes — certified claim

Title III status

Exxon v. CIMEX & CUPET (D.D.C.) — active Title III litigation; D.C. Cir. remanded 2024

Sources: FCSC · Andersen · ABA

Information only — no U.S. participation today. Register a non-binding indication for the pipeline (for non-U.S. capital or a post-sanctions world).

Not legal, tax or investment advice, and not authorization for any transaction. U.S. sanctions (31 CFR Part 515) prohibit investment or equity in any Cuban business; nothing here is a determination that a transaction is lawful. Structure anything Cuba-facing only with qualified OFAC sanctions counsel and screen every party with QvaPay Sentinel.

Primary sources: OFAC Cuba Sanctions · 31 CFR Part 515 (CACR) · OFAC Cuba FAQs · Cuba Restricted List