China agrees to invest in Cuban oil refinery

Posted on Tuesday, 06.07.11

China agrees to invest in Cuban oil refinery

The Associated Press

HAVANA -- Cuba and China have signed a series of economic accords that
include the expansion of an oil refinery in Cienfuegos.

Officials say the refinery agreement is a joint plan by Cuban-Venezuelan
oil company Cuven Petrol SA and China's Technip Itali SA. They also plan
a liquid natural gas project.

Precise details are not available. The accords were signed during a
visit by Chinese Vice President Xi Jinping, who is widely expected to be
the nation's next leader.

China is Cuba's No. 2 commercial partner after Venezuela.

http://www.miamiherald.com/2011/06/07/2255000/china-agrees-to-invest-in-cuban.html