French company’s plans hint that Cuba is implementing long-term gas scheme

Source : Johannes Werner Wed Apr 18, 06:42 am EST
Energy giant Total S.A. has made an early inquiry with companies interested in providing a floating regasification and storage unit at Matanzas Bay Previous Top Stories

Economy

Washington grants additional Havana slots to five U.S. airlines

The route expansions come as the U.S. travel boom cooled down in late 2017 and early this year. However, some travel providers say the numbers have started to rise again recently. Currency reform will begin this year, officials say
Commercial debt buyers raise pressure, put offer on table
U.S. agriculture sales rise in 2017, drop in December
Bloomberg: Cuba's struggling economy needs a jolt
Reuters: Cuba raw sugar production headed toward 30% decline
Miami Herald: Travel to Cuba is getting popular again, just in time for new U.S. flights
Reuters: Central Bank quashes rumors that currency unification is around the corner

MORE..

Companies

Catalan entrepreneur announces golf mega-project

However, to realize Phase One of his Punta Colorada project, Jaume Roma Rodríguez must raise some €1 billion — the largest-ever amount for any foreign investment in Cuba GE signed agreement with Cuba for power plant maintenance
Two U.S. travel companies get green light from Cuba to open Havana offices
Rising demand for cobalt, nickel begins to lift Sherritt out of years-long depression
Aviator: Spanish airline plans Madrid-Varadero-Guatemala flights
Cruise Industry News: Carnival adds another 20 Cuba cruises
AFP: Havana Club sales rising in Europe, China
Travel Agent Central: Victory Cruise Lines offers around-Cuba cruises from Miami

MORE..

Politics

Unusual election results, and Who is Díaz-Canel?

18.1% abstention and nearly 20% voting selectively, instead of rubber-stamping the full slate, are unprecedented Cuba steps up vetting of foreign investors
Cuba and Spain: Barreling towards a crisis?
Analysis: What will happen after Raúl? And who are those upcoming ‘youngsters’?
Miami Herald: Rubio wants more Cuban military companies under U.S. sanctions
AP: Cuba: A new president
AP: Younger Party official faces test as Cuba's next president
Ted Piccone: U.S.-Cuba relations are about to get worse

MORE..

LIFESTYLES

LaHabana.com: The anniversary issue

Guest features from around Cuba, a detailed Havana Events Listing as well as reviews of the best restaurants, bars, clubs, hotels and private accommodation

MORE..

BLOG TICKER

Cuba Central: It was only a year ago…
Cuba Trade magazine: No easy fixes for Cuba's water accessibility woes
Generation Y: Absence means forgetting
Havana Times: The reform process, what's changed?
Progreso Weekly: To grow old in Cuba, preserve your wings
The Internet in Cuba: Cuba's (hopefully limited) ADSL expansion

MORE..

Data & Maps

Cuba’s crude oil and natural gas output has practically been stagnating since 2003. In fact, production of oil fields in the old Havana province (now Mayabeque province), including those of Guanabo, Boca de Jaruco, Santa Cruz and Puerto Escondido, decreased by one-third (-32.1%) over the past 10 years, from a record 1.87 million tons of oil, or 32,350 b/d*. Meanwhile, yields in Matanzas province helped offset the decline in Havana/Mayabeque. Oil output at the Seboruco, Varadero-Cárdenas, Cantel and Majaguillar fields grew by one-third (34.4%) in the same period, to a record 1.54 million tons or 26,670 b/d in 2015.

Read more
Hurricane Irma: Costlier than record storm Ike

Assessing the damage two weeks after the storm, official daily Granma said “it wouldn’t be surprising if the cost exceeds that of Ike in 2008, the most destructive hurricane in this century, which was estimated at 7.325 billion pesos”. Today, this figure would be equivalent to 9% of Cuba’s Gross Domestic Product in 2014, or one-fifth of all tax income collected by the government in 2016.

Read more
Cuba's water crisis: It's not all due to climate change

Cuba has one of the largest water reservoir systems in the Hemisphere, per capita and territory. Conceived for a planned economy that no longer exists, Cuba’s current water reservoirs largely exceed the needs of the country. Ironically, there is a chronic water deficit for consumers and in almost every economic sector.

Read more