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Energy · Matanzas/Mayabeque

Boca de Jaruco / Varadero Oil Fields

Onshore oil — Enhanced Oil Recovery play

🟡 Joint ventureℹ️ Atlas — info only
Scale
~40,000 bbl/day vs 90-110k demand; Varadero only ~6-7% extracted
Status
EOR is the opportunity
Sector
Energy
Province
Matanzas/Mayabeque
Coordinates
23.130, -81.280
Layer
Layer 2 · Atlas
Notes
CUPET + Russia's Zarubezhneft JV.
Controlling entity
CUPET — Cuba Petróleo Unión

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

Sources: Reuters