In the midst of the conflict, Russia supplies oil to Cuba

In the midst of the conflict, Russia supplies oil to Cuba

 A tanker carrying Russian fuel oil arrived in Cuba on Thursday (14/7/2022) yesterday. The oil supplies carried by the tankers are used to generate hydroelectric power in the Caribbean nation. The United States (US) and Canada have imposed sanctions on Russian oil and fuel in response to Russia's invasion of Ukraine. Meanwhile, Europe and the UK are preparing to embargo imports of Russian crude oil later this year. The Liberian-flagged tanker Aframax Suvorovsky Prospect arrived at the Cuban port of Matanzas, carrying about 700,000 barrels of oil, which was loaded at the Russian port of Ust-Luga. The cargo is reportedly worth about $70 million.

According to maritime database Equasis reported, the vessel belongs to the leading Russian shipping company Sovcomflot. The company is on the UK, Canada and US sanctions lists. Cuba's Ministry of Foreign Affairs has not yet commented on this. Cuba depends on Venezuela as its main source of energy imports.

 The country is forced to seek alternative fuel sources as its political allies struggle to meet its own domestic demand. Several Russian cargoes have already arrived in Cuba, making the country one of the largest importers of Russian fuel in Latin America this year.

Based on documents released by Venezuelan energy company, PetrĂ³leos de Venezuela (PDVSA) revealed that so far this year Venezuela has sent about 56,610 barrels per day of crude oil, gasoline, diesel, jet fuel and fuel oil to Cuba. Cuban President Miguel Diaz Canel criticized rising global fuel prices. To save fuel use, the government of this country conducts power cuts and fuel rationing in the country. 

Cuba produces most of its electricity from fossil fuels. The country's smaller distributed power plants use diesel fuel to help meet Cuba's electricity needs. Meanwhile, Brazil this week said its country would import as much diesel as possible from Russia to meet its fuel and industrial needs.

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