Sale of premium gasoline restricted in Cuba

Image
IANS Havana
Last Updated : Apr 03 2017 | 12:48 AM IST

Several service stations that sell only premium gasoline were closed here this weekend, although Cuba has not officially announced restrictions on sales of the special fuel.

Some of the service stations that sell high-octane fuel, which is hard to find on the island, had been closed for several days, with cones and yellow tape keeping drivers away, Efe news reported.

Long lines formed outside one service station on Friday and the Havana fuel outlet was closed a day later.

An Efe reporter confirmed that other service stations were still selling premium fuel on Saturday, but with cash payment required and the high-octane gasoline restricted to certain vehicles and cars rented to tourists.

Cuba is trying to find a new source of oil amid a cut to the subsidized supply it has received since 2003 from Venezuela, which provided the island with 100,000 barrels per day (bpd) of petroleum.

The flow of crude from Venezuela has been reduced to about 55,000 bpd due to the economic crisis in the South American nation.

--IANS

vgu/

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Apr 03 2017 | 12:38 AM IST

Next Story