Cuba Reforms Its Oil Sector and Authorizes Concessions
8 Articles
8 Articles
Cuba announced Monday a reform of its oil sector, which includes concessions to foreign investors and opening up to the local private sector, as part of its economic liberalization programme.
The Ministry of Energy and Mines presented Monday the new norm, published in the Official Gazette, which seeks to increase production, attract investment and guarantee the energy sovereignty of the country
The new rules allow the participation of domestic mipymes and foreign companies in exploration and production
The Ministry of Energy and Mines announced Decree-Law 135, which facilitates investments in the hydrocarbon sector
News of the Day and the Hour Latest News of today Cuba updated on Monday its regulations on oil and gas, which sets the legal regime for the value chain of these resources and opens... The news Cuba updates oil and gas law to attract investments in the midst of the crisis was first published in News of the Day and the Hour Latest News of today
The Council of Ministers approved Decree 184, regulations for the Cuban oil sector, published in Official Gazette No. 85 of 2026.
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