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Page added on November 20, 2009

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Cuba tries to keep the lights on

Cuba gets plenty of oil from Venezuela. So why is it adopting “extreme measures” to avoid blackouts?

…Cuba is one of more than a dozen nations in the region that receive oil shipments on favorable credit terms as part of the PetroCaribe agreement. Cuba pays Venezuela back for some of the oil shipments by sending more than 30,000 doctors, nurses and other professionals to work in social programs created by the Chavez government.

But just as Cuba

Thus, analysts say, the more oil Cuba can save, the more it can sell abroad.



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