Cuba, US discuss safe offshore oil extraction

Image
IANS Havana
Last Updated : Oct 21 2015 | 6:32 PM IST

Delegations from Cuba and the US mulled how to ensure safe offshore oil extraction during a two-day symposium.

The forum themed "Safe Seas, Clean Seas", attended by representatives of oil and service companies, research institutes, universities and regulatory agencies from more than 10 countries, discussed environmental, scientific, technological and legal issues related to oil extraction at the island's exclusive economic zone in the Gulf of Mexico.

Regulations and technologies for the prevention and response to oil spills, as well as the procedures and technologies to ensure safe offshore oil operations, especially the operations in the Gulf of Mexico and the Caribbean Sea, were also touched, Xinhua news agency reported.

"We have several states sharing a common area in the Gulf of Mexico and the Caribbean Sea, hence it is imperative for us to use the same standards of protection, monitoring, mitigation and preparedness for possible accidents or oil spills in public waters," said Raul Ruben Costa, head of the section of Natural Disaster Reduction and Technology of the General Staff of Cuban Civil Defence.

Costa said Cuba has a capacity to deal with a spill up to level two, representing around 200 tons of oil.

He said no country in the world, including the US, can face alone a disaster of level three, which will require international cooperation.

Cuba meets half of its domestic energy needs with domestic oil production and the rest is satisfied by 10,000 oil barrels provided daily by its main political and economic ally Venezuela.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 21 2015 | 6:22 PM IST

Next Story