Cuba and Norway strengthening oil cooperation
Submitted by: camila
Business and Economy 10 / 10 / 2014
The Norwegian Agency for Development Cooperation (NORAD), and the Cuban
ministries of Foreign Trade and Foreign Investment (MINCEX), and the
Ministry of Energy and Mines signed new agreements for bilateral
cooperation in the oil sector, confirming the negotiations between the
two countries started in 2011.
The signed documents are part of the Oil for Development program of
NORAD. With this program Norway holds meetings with Cuban authorities to
share experiences on staff training, development of techniques and
knowledge sharing about fuel. The program was created in 2005 in order
to train and promote the responsible management of the “black gold” in
several regions of the world.
Cuban entrepreneurs as well as the Norwegian ambassador, John Petter
Opdahl, said that the cooperation results are very positive. In Cuba
there have been several significant evidence indicating the existence of
oil and natural gas reserves.
Cuba holds oil business agreements with Canada, Venezuela, Angola,
Russia, China, Vietnam; training alone with Mexico, Trinidad and Tobago,
Brazil, Argentina, Norway.
Source: Cuba and Norway strengthening oil cooperation | Cuba Headlines –
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