Cuba and Russia successfully use new technology for oil extraction
Havana, Sep 4 (Prensa Latina) The Russian company Zarubezneft and Union Cuba Petroleo (CUPET) are successfully using the vertical well technology, a government source said on Friday.
According to the minister for Foreign Trade and Foreign Investments (MINSEX), Rodrigo Malmierca, the new technology has a flow of 52 tons a day in Boca de Jaruco, in western Mayabeque province.
It is a foreign investment that brings technology to our economy, the minister wrote on Twitter.
The general director of Zarubezhneft JSC, Sergey Kudryashov, pointed out in a communiqué, that the Boca de Jaruco project is a strategic element to maintain its technological leadership in the industry, which implies the creation and development of innovative approaches on oil production.
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