Cuba îşi reformează sectorul petrolier, autorizând concesiunile
Cuba has announced a reform in its oil and gas sector, allowing foreign investment and local private participation to boost production amid an energy crisis. The new legislation is part of broader economic liberalization efforts, aiming to attract investors through oil concessions while maintaining state control over resources. The U.S. embargo has worsened Cuba's economic situation, limiting fuel imports and impacting state enterprises. Despite challenges, Cuba continues to produce 40% of its oil consumption, primarily for aging power plants.