Russia Prepares to Deliver Oil and Gas to Cuba for the First Time in Three Months
Economy
In the coming weeks, Cuba may receive oil and gas shipments from Russia. According to TankerTrackers, the tanker Sea Horse, flying the Hong Kong flag, is expected to deliver around 27,000 tons of gas on March 23, while the Russian vessel Anatoliy Kolodkin is set to arrive on April 4 with over 700,000 barrels of oil.
If delivered, this would be the first Russian energy shipment to Cuba in three months, since the US imposed an energy blockade on the island. Previously, Venezuela was the main oil supplier, but shipments ceased after a government change in early January, compounded by US threats to impose higher tariffs on countries exporting energy to Cuba.
The blockade, the longest in at least 12 years, has triggered a severe energy crisis. Experts estimate that Cuba needs around 100,000 barrels of oil per day for normal operations, while domestic production covers only 40% of demand. Amid shortages, the country is drawing down reserves and limited internal resources, causing fuel and electricity disruptions.
Amid the crisis, Havana has initiated talks with the US. Sources indicate that Washington aims to remove President Miguel Diaz-Canel and push for economic reforms and political changes on the island.
The blockade, the longest in at least 12 years, has triggered a severe energy crisis. Experts estimate that Cuba needs around 100,000 barrels of oil per day for normal operations, while domestic production covers only 40% of demand. Amid shortages, the country is drawing down reserves and limited internal resources, causing fuel and electricity disruptions.
Amid the crisis, Havana has initiated talks with the US. Sources indicate that Washington aims to remove President Miguel Diaz-Canel and push for economic reforms and political changes on the island.
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