FIRST LICENSE ROUND IN 30 YEARS SHEDS LIGHT ON CUBA'S GEOLOGY

Cuba's first licensing round in 30 years has cast new light on geology and recent exploration results in the country. It is part of a privatization program aimed at reviving an economy that has been struggling since 1989 to make up for lost assistance from the former Soviet Union. Much of that help came in the form of subsidized crude oil and petroleum products. In 1989, Cuba used an average of 9?8,400 b/d of products, according to the East-West Center, Honolulu. The country imported

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