Private Companies Seek to Import Fuel Amid Cuban Energy Crisis
Cuban private firms, backed by U.S. Treasury licenses, seek diesel imports amid halted Venezuelan deliveries affecting 9.6 million residents.
- This month, private Cuban companies attempt to import fuel after the Cuban government ended its monopoly, amid diesel suspensions and gasoline rationing on the island of about 9.6 million people.
- The crisis worsened after Venezuelan deliveries halted and amid U.S. threats, driven by Cuba's currency constraints, according to sources. Washington's pressure is cited as a factor.
- An anonymous importer said `We bought an isotank... through a state-owned importer,` planning nearly 25,000 liters from the United States under a US Office of Foreign Assets Control license, but safety steps remain unclear.
- A source confirmed entrepreneurs are seeking diesel from neighboring countries and Europe to fill local supply gaps, as private companies plan to import fuel under US licenses amid shortages.
- Companies face hurdles including foreign payment and transport issues, though a businessman interviewed by AFP says authorities have "not set any limits" on fuel purchases but forbid resale.
27 Articles
27 Articles
The option, a breath of air in the face of Washington's energy asphyxiation, is nevertheless threatened by the gruesome Cuban bureaucracy, with its many conditions, and by the ambiguous shadow of US sanctions.
Small Cuban private companies began to import fuel directly in the midst of the oil blockade of the United States, while international firms based on the island explore this route, as EFE may have known.The option, a breath of air in the face of the energy suffocation induced by Donald Trump, is nevertheless threatened both by the cumbersome Cuban bureaucracy, with its multiple conditions and delays, as well as by the shadow of US sanctions.Furt…
Small private companies in Cuba confirmed to EFE that they have already begun to receive imported fuel in the midst of the US oil blockade.
The regime agreed to put an end to its monopoly in this area after the cessation of supplies of Venezuelan oil.
The US blockade plunges Cuba into a serious energy crisis. In response, the government in Havana allows domestic private companies to import fuel for the first time. An entrepreneur reports on concrete plans, but also on uncertainty.
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- 46% of the sources are Center, 45% of the sources lean Right
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