How much oil and gas is being produced in Cuba?
A.1998’s oil production in Cuba was 1.678 million tons, a new record for the island; and 117 million cubic meters of gas were used. Favorable results are being produced because of Cuba’s association with French, Canadian, British, and Swedish companies, the application of modern technology in prospecting and drilling, and the signing of risk exploration contracts covering 22 of the 45 blocks of Cuba’s prospective sources of oil. At present, the island has 270 wells producing 35,000 barrels a day.
