Energy · La Habana

Belot Oil Refinery (Esso/Exxon)

Confiscated refinery + 300+ stations

🔴 Stateℹ️ Atlas — info only⚠️ Title III risk — active suit

Scale

$71.6M certified; Exxon now claims >$1B

Status

ACTIVE Title III suit

Sector

Energy

Province

La Habana

Coordinates

23.130, -82.310

Layer

Layer 2 · Atlas

Notes

9th-largest certified claim.

Controlling entity

CUPET — Cuba Petróleo Unión

State oil & gas monopoly: refineries, the Matanzas supertanker base, onshore oil JVs. Counterparty to confiscated-refinery Title III exposure (Exxon/Belot).

Helms-Burton · confiscated property

⚠️ Title III risk — active suit

Original owner (1960)

ExxonMobil (Standard Oil/Esso)

1972 certified value

$71.6M

Current claim-holder

ExxonMobil

Certified (FCSC)

Yes — certified claim

Title III status

Exxon v. CIMEX & CUPET (D.D.C.) — ongoing, D.C. Cir. remanded 2025

Sources: FCSC · Andersen · ABA

Information only — no U.S. participation today. Register a non-binding indication for the pipeline (for non-U.S. capital or a post-sanctions world).

Not legal or investment advice. U.S. sanctions restrict Cuba investment to the licensed independent private sector. Every transaction is KYC'd, OFAC-SDN & Cuba Restricted List screened, confirmed as an independent private entity (≤100 employees), and subject to OFAC counsel. No money flows to state, JV, GAESA, Restricted-List or confiscated-property counterparties.