AI
Wednesday, April 26, 2006 5:15:59 PM
Iran to help Cuban oil industry
The exploration part could put Iranians in the Gulf of Mexico.
-Am
Iran to help Cuban oil industry
Apr 25, 2006
UPI
Iran and Cuba have signed wherein the Islamic republic will help Havana modernize its oil industry. The deal, signed by Iran's Agriculture Jihad Minister Mohammad Eskandari and Cuba State Minister Ricardo Cabrisas, in Tehran last Saturday, came as part of an economic cooperation agreement at the end of Iran-Cuba joint 11th Economic, Scientific and Technical Cooperation Commission.
Among other things, the two sides agreed to cooperate in building and modernizing refineries and in oil exploration activities.
Cabrisas called the meeting a "success."
Cuba is one of the few nations in the Caribbean region to have significant oil and gas reserves, according to the U.S. Energy Department Energy Information Administration. Still, it is heavily dependent on petroleum imports from Venezuela sold at a discounted rate.
Iran has the world's second-largest proven oil reserves, after Saudi Arabia.
http://www.iranian.ws/iran_news/publish/article_15143.shtml
The exploration part could put Iranians in the Gulf of Mexico.
-Am
Iran to help Cuban oil industry
Apr 25, 2006
UPI
Iran and Cuba have signed wherein the Islamic republic will help Havana modernize its oil industry. The deal, signed by Iran's Agriculture Jihad Minister Mohammad Eskandari and Cuba State Minister Ricardo Cabrisas, in Tehran last Saturday, came as part of an economic cooperation agreement at the end of Iran-Cuba joint 11th Economic, Scientific and Technical Cooperation Commission.
Among other things, the two sides agreed to cooperate in building and modernizing refineries and in oil exploration activities.
Cabrisas called the meeting a "success."
Cuba is one of the few nations in the Caribbean region to have significant oil and gas reserves, according to the U.S. Energy Department Energy Information Administration. Still, it is heavily dependent on petroleum imports from Venezuela sold at a discounted rate.
Iran has the world's second-largest proven oil reserves, after Saudi Arabia.
http://www.iranian.ws/iran_news/publish/article_15143.shtml
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