New sanctions · Sept 30, 2026 OFAC tightened the CACR: no U.S. bank accounts for Cuban entrepreneurs, U-turn ended, indirect Restricted List dealings barred, professional-meeting and people-to-people travel ended. Remittances (§515.570) and contractor and import payments (§515.582) unchanged; payments to suppliers outside the U.S. now prohibited.What changed, and how QvaPay keeps the lawful lanes open →

Permitted Fund Flows Every U.S.–Cuba fund flow, with its authority and standing — remittances, payments to independent Cuban contractors, donations, prepaid top-ups, assisted purchases from U.S. providers, buying from Cuban entrepreneurs, and exports from the United States — each shown with its license and its standing after the September 30 rule.See the flows →

QvaPay SentinelLive at sdn.qvapay.com — screen names, entities and crypto wallets against OFAC's SDN list, plus regime-linked sources Washington has never designated.Try Sentinel →

New on The WorldCuba Study Group's Ricardo Herrero on Cuba's reforms and U.S. investors positioning for an opening.Listen →

New CubaOpportunity Atlas

ES Donate SupportSupport Cuba's Private Sector

⚠ COMPLIANCENot 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

← Back to map

Energy & power plants · Matanzas/Mayabeque

Boca de Jaruco / Varadero Oil Fields

Onshore oil — Enhanced Oil Recovery play

🟡 Joint ventureℹ️ Atlas — info only🚫 OFAC SDN

Scale

~40,000 bbl/day vs 90-110k demand; Varadero only ~6-7% extracted

Status

EOR is the opportunity

Sector

Energy & power plants

Province

Matanzas/Mayabeque

Coordinates

23.130, -81.280

Layer

Layer 2 · Atlas

Notes

CUPET + Russia's Zarubezhneft JV.

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

Register interest

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