Energy · Matanzas/Mayabeque

Boca de Jaruco / Varadero Oil Fields

Onshore oil — Enhanced Oil Recovery play

🟡 Joint ventureℹ️ Atlas — info only

Scale

~40,000 bbl/day vs 90-110k demand; Varadero only ~6-7% extracted

Status

EOR is the opportunity

Sector

Energy

Province

Matanzas/Mayabeque

Coordinates

23.130, -81.280

Layer

Layer 2 · Atlas

Notes

CUPET + Russia's Zarubezhneft JV.

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).

Sources: Reuters

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.