Title : Russia's Energy Minister Admits That Cuba Is 'Broke'
link : Russia's Energy Minister Admits That Cuba Is 'Broke'
Russia's Energy Minister Admits That Cuba Is 'Broke'
Rosneft, Russia's state oil company, says it has signed an agreement with Cuba's state-run Cubametals to supply 250,000 tonnes of oil and diesel fuel. (Sergei Karpukhin/Reuters)
TASS: Cuba wants to increase purchases of Russian oil and oil products — Russian energy minister
"The question is in financial sources," Russian Energy Minister Alexander Novak said
MOSCOW, May 29. /TASS/. Cuba wants to increase the supply of oil and oil products from Russia, but it is a matter of financing, Russian Energy Minister Alexander Novak told reporters.
"Cuba really wants more supplies, but the question is in financial sources. If financial resources are found - the companies will deliver, it's not charity," he said.
Earlier it was reported that Russian state-owned oil company Rosneft will supply with about 250,000 tonnes of oil and diesel fuel to the Cuban company Cubametales. Terms of supply were not specified.
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Update: Russian energy minister: Cuba wants to increase purchases of Russian oil (RBTH)
WNU Editor: I would not say that Cuba is broke .... they just do not have the money (or the credit) to buy additional Russian oil. And while Russia is selling some oil to Cuba .... Russia resumes sending oil to Cuba (CBC/Reuters) .... the big problem is that the Russian Minister is hinting that Cuba wants a freebie. LOL .... not going to happen.
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