Mar 28, 2006 - Havana, CUBA - Pointing to the totally automated refinery in Havana, Cuban Vice President Carlos Lage Davila said the country is also in the position to increase the number of oil and gas wells being drilled. Lage remarked that the rise of the price of a barrel of petroleum at the world level also affects the national budget, noting that ''though we maintain a contract with Venezuela, which yields us favorable commercial conditions, the country has to buy certain quantity of fuels on the international market. Cuba currently trades with almost every nation in the world, albeit wi

Mar 28, 2006 - Havana, CUBA - Pointing to the totally automated refinery in Havana, Cuban Vice President Carlos Lage Davila said the country is also in the position to increase the number of oil and gas wells being drilled. Lage remarked that the rise of the price of a barrel of petroleum at the world level also affects the national budget, noting that ''though we maintain a contract with Venezuela, which yields us favorable commercial conditions, the country has to buy certain quantity of fuels on the international market. Cuba currently trades with almost every nation in the world, albeit wi Stock Photo

RMID:H5F81W

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ZUMA Press, Inc. / Alamy Stock Photo

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H5F81W

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14.1 MB (712.8 KB Compressed download)

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2560 x 1920 px | 21.7 x 16.3 cm | 8.5 x 6.4 inches | 300dpi

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23 November 2007

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Mar 28, 2006 - Havana, CUBA - Pointing to the totally automated refinery in Havana, Cuban Vice President Carlos Lage Davila said the country is also in the position to increase the number of oil and gas wells being drilled. Lage remarked that the rise of the price of a barrel of petroleum at the world level also affects the national budget, noting that ''though we maintain a contract with Venezuela, which yields us favorable commercial conditions, the country has to buy certain quantity of fuels on the international market. Cuba currently trades with almost every nation in the world, albeit with restrictions from the U.S. embargo. Trade with the USA is restricted to cash-only transactions for food and medicine. Historically, sugar, tobacco and nickel were the main sources of foreign trade income for Cuba, but in the 1990s tourism saw an explosive growth. Pictured: Analogue dial gasoline station pumps. (Credit Image: © Ruaridh Stewart/ZUMA Press)

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