In Feb 2017 Cuba held the first Oil & Gas Summit, focusing on the
Cuban hydrocarbon industries, exploration, production projects, refining and petrochemical market. Attended by major North American producers, it was the first time that Cuba’s oil and gas industry was fully acknowledged. With an estimated 44 Billion barrels
, Cuba offers an excellent opportunity for foreign oil producers. While Cuba Ventures does not invest or participate in Cuban national oil & gas projects, management and advisors
share over 80 years combined experience dealing with Cuba. Therefore, ventures in which a foreign entity wishes to enter the Cuban oil & gas sector could be studied.