Cuba: Earth Science conference to look at oil prospects in Cuban waters
Petroleumworld.com, Apr 4 , 2011
The prospects for oil exploration and production in Cuba will be at the center of discussions this week during the 4th International Earth Science Convention and Fair in Havana.
The event, which begins on Monday, is expected to draw experts from 15 countries in the Americas, Europe and Africa.
One workshop will examine the geology and petroleum potential of the southeastern Gulf of Mexico.
Cuba plans to discuss the oil potential of its Exclusive Economic Zone in that part of the Gulf of Mexico, Cuban Geology Society president and lead event organizer Manuel Iturralde said.
The Exclusive Economic Zone, which has been open to foreign investment since 1999, covers some 112,000 sq. kilometers (43,240 sq. miles) and is divided into 59 blocks of 2,000 sq. kilometers (772 sq. miles) each.
Several foreign oil companies, including Spain's Repsol YPF, Venezuelan state-owned oil giant PDVSA and PetroVietnam, operate in the blocks.
The Exclusive Economic Zone, according to official estimates, may hold up to 20 billion barrels of petroleum.
Cuban specialists will discuss the current situation in the island's energy industry and prospects for exploration and deepwater production, as well as oil and gas production from different fields.
Transportation and refining will also be addressed, conference organizers said.
Some 700 geologists, geophysicists and other experts from Venezuela, Mexico, Brazil, Argentina, Chile, Spain, France, Switzerland, Italy, Russia, the United States, Canada, Australia, Angola and Namibia are expected to attend the event, which ends on Friday, the Cuban Geology Society said. EFE
Story from EFE.
EFE / Apr, 03, 2011 12:25 PM
Send this story to a friend
Copyright© 1999-2009 Petroleumworld or respective author or news agency. All rights reserved.
We welcome the use of Petroleumworld™ stories by anyone provided it mentions Petroleumworld.com as the source. Other stories you have to get authorization by its authors.
Internet web links to http://www.petroleumworld.com are appreciated
Petroleumworld welcomes your feedback and comments,
share your thoughts on this article, your feedback is important to us!
We invite all our readers to share with us
their views and comments about this article.Write to email@example.com
By using this link, you agree to allow PW
to publish your comments on our letters page.
Any question or suggestions, please write to: firstname.lastname@example.org
Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7+/ 800x600 pixels