Ports · Matanzas

Matanzas Supertanker Base

Oil import/storage terminal (largest in Cuba)

🔴 Stateℹ️ Atlas — info only🚫 OFAC SDN

Scale

2.4M-barrel storage; 4 of 8 tanks destroyed in 2022 fire

Status

Reconstruction remains slow four years after the 2022 fire, with four China-backed tanks unfinished and no firm timeline. In mid-September 2026 a fire broke out during maintenance on an empty tank; officials said it was quickly controlled with no casualties.

Sector

Ports

Province

Matanzas

Coordinates

23.050, -81.510

Layer

Layer 2 · Atlas

Notes

CUPET; reconstruction backed by Venezuela/China.

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).

Sources: Reuters

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