Extra riches: off Cuba
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Cuba's Gulf stash 'on the rise'
Cuba’s oil reserves in its sector of the Gulf of Mexico “continue increasing”, the country's Minister for Basic Industries was quoted as saying today.
The Caribbean country’s future oil reserves are most likely to be found in its area of the gulf, which measures 112,000 square kilometres and is divided into 59 blocks, an Agence France- Presse report said, citing Garcia, who spoke at a geological sciences conference in Cuba.
Garcia did not give a figure for the country's reserves.
Cuba may have 21 billion barrels of probable oil reserves, including onshore and offshore discoveries, AFP said, citing conference participants.