Cuba Opens Oil Sector to Private Investors to Boost Production
On October 13, 2026, Cuba liberalized its oil sector by allowing private investments to revive oil and gas production during a severe energy crisis.
Elena Rossi
October 14, 2026 · 1 min read
BriefPublished (Dubai time, UTC+4) · event date: 2026-10-13
On October 13, 2026, Cuba opened its oil sector to private investors as part of an economic liberalization plan announced in June 2026 by Havana authorities.
This decision aims to revive Cuban oil and gas production as the country faces the worst energy crisis in its history, according to RFI.