Pdvsa to start soon oil development in Cuba

Petroleum | Cuba receives 100.000 bpd of Venezuelan oil

Pdvsa to start soon oil development in Cuba

"Within a short time, we have to find an oil platform," President Hugo
Chávez told Rafael Ramírez, his Minister of Energy and Petroleum and
president of the state-run oil company Petróleos de Venezuela (Pdvsa).
He suggested that they could use Brazilian technology

Economy
Venezuela's President Hugo Chávez said on Monday that Cuba has
substantial oil reserves in its exclusive area in the Gulf of Mexico. He
said that Venezuela will be drilling "soon" its first oil well on the
island.

"We know that Cuba has a lot of oil and we will be drilling soon our
first oil well," the Venezuelan president told his Cuban counterpart
Raúl Castro, during the official celebration of the Tenth Anniversary of
the Comprehensive Cuba-Venezuela agreement, which was held in the Havana
Convention Center, in Cuba, AFP reported.

"The rig should be found quickly, Rafael," Hugo Chávez told Rafael
Ramírez, his Minister of Energy and Petroleum and president of the
state-run oil company Pdvsa. Chávez suggested that they could use
Brazilian technology.

http://english.eluniversal.com/2010/11/09/en_eco_esp_pdvsa-to-start-soon_09A4709259.shtml