By Jonathan Benjamin-Alvarado, Vicki Huddleston
Approaching an doubtful destiny with out Fidel Castro, and nonetheless reeling from a downturn on the finish of the chilly warfare, Cuba needs to act decisively to enhance its financial system and dwelling stipulations. one of many significant demanding situations dealing with the impoverished island state is securing entry to power assets which are enough to fulfill the desires of its revitalization and improvement objectives. What steps can Cuba take to accomplish either brief- and long term strength sustainability and self-sufficiency? during this well timed research, Jonathan Benjamin-Alvarado and his colleagues solution that question.
Cuba's power Future units the geostrategic context in which Cuba is working. The ebook presents an summary of the evolving family members between Caribbean states and explains why Cuba and its longtime nemesis the U.S. should still search for how you can cooperate on constructing strength assets. the prospective function of oil businesses is explored, as is Cuba's power dating with Hugo Chavez's Venezuela.
The moment element of Cuba's power Future positive factors financial and technical value determinations, monetary projections, and tendencies affecting Cuba's strength wishes, together with oil and usual fuel power, the country's antiquated electrical strength region, and the function of biofuels resembling sugarcane ethanol. The concluding part specializes in the stipulations important for, and the mutual merits of, larger cooperative engagement with the United States.
Contributors: Juan A. B. Belt (Chemonics foreign, previously USAID), Jonathan Benjamin-Alvarado (University of Nebraska–Omaha and college of Georgia), Amy Myers Jaffe (Rice University), Jorge R. Piñón (Florida overseas University), Ronald Soligo (Rice University).
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Additional resources for Cuba's Energy Future: Strategic Approaches to Cooperation
Qxd 9/3/10 12:24 PM Page 37 Extracting Cuba’s Oil and Gas 37 Table 2-5. 58 80/20 75/25 70/30 60/40 60/40 50/50 797 982 1,363 1,372 1,430 1,691 7,635 199 328 584 915 953 1,691 4,670 996 1,310 1,947 2,287 2,383 3,382 12,305 Source: Author compilation, based on data published by Oficina Nacional de Estadísticas de Cuba, 2009. a. S. Gulf Coast landed price for Venezuela crude and spot refined product prices. b. Contractual payment terms and conditions are those outlined in the Convenio Integral de Cooperacion (Convention on Cooperation) between Cuba and Venezuela, signed October 30, 2000, and as amended in July 2008.
S. ” 25. , p. 10. 26. S. Energy Competition in the Middle East,” Washington Quarterly 29 (Winter 2005–06): 197. 27. S. pdf). 28. See Jonathan Benjamin-Alvarado, Power to the People: Energy and the Cuban Nuclear Program (New York: Routledge, 2000). qxd 9/3/10 12:24 PM Page 21 two Extracting Cuba’s Oil and Gas: Challenges and Opportunities J ORGE R. P IÑÓN AND J ONATHAN B ENJAMIN -A LVARADO Now . . the possibility of Cuba’s harboring a great oil reservoir is again under investigation. S. News & World Report, March 4, 2009 P otential offshore oil deposits were identified in Cuban waters in 2004, yet amid widespread speculation as to their magnitude and potential, there has been little exploratory work undertaken to evaluate the actual amount of oil and gas reserves that are present, the feasibility of extraction, and the deposits’ eventual productive capacity.