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Cuba Looks for Oil Production Stability

Refinery in the central province of Cienfuegos, Cuba
Cuba Looks for Oil Production Stability

The development of energy potential in Cuba seeks to stabilize oil production today, a strategy exemplified by a refinery in the central province of Cienfuegos.

That plant, baptized as Camilo Cienfuegos (name of a revolutionary hero) reaches 10 years since its reactivation (December 21, 2007), now with firm steps in the processing of crude and improvement in its indicators, reflected a report by the Cuban News Agency (ACN).

In this regard, the general manager of this industry, Hemenegildo Montalvo, said that during this decade they worked with a level of operations close to the design indicators of the plant, very stable and with achievement in their production plans.

The refinery’s anniversary points to novelties, such as the culmination of the mixed cooperation with the Venezuelan company PDVSA, hence it is now transformed into a hundred percent Cuban mercantile society, directed only by the Cuba Petroleum Union (CUPET).

He said that they obtained very good results in the yields of valuable derivatives, and in the efficiency indicators.

He mentioned that within the simple refining process that the industry possesses is the global production cost between four or five dollars, very close to world levels.

He said that the quality of the final product is very good because they obtain a fuel with the standards required for the generators and the Cuban thermoelectric plants.

Source/Prensa Latina

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