Repsol chief visits Cuba

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Antonio Brufau, president of Spanish oil company Repsol YPF, was in Cuba for a two-day visit during the first week of February to check on recently started exploratory drilling in waters of the Florida Straits, efe reported.

According to company officials quoted by the Spanish news agency, Brufau visited the Scarabeo 9 platform and met with Basic Industries Minister Tom√°s Ben√≠tez. ¬†The source called Brufau’s trip a “courtesy visit” that’s “normal” for this kind of project.

The use of the platform that arrived at its first destination in Cuban waters 22 miles north of Havana and began drilling Jan. 31 costs Repsol more than $500,000 a day, according to press reports. After its first drill for a consortium led by Repsol, the rig is scheduled to move to a nearby location leased by Malaysian state company Petronas. Once the Petronas drill is completed, depending on the outcome of the first drill, Repsol might contract the platform for a second drill.

Anti-Castro congresspeople in the United States continue to exert pressure on Repsol and other foreign oil companies to refrain from drilling in Cuba. 

Courtesy visit to Cuba: Brufau

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