Tuesday, May 19, 2009

Azerbaijan plans to develop oil fields in Cuba

Azerbaijan plans to develop oil fields in Cuba
14:3819/05/2009

BAKU, May 19 (RIA Novosti) - Azerbaijan plans to participate in
developing oil fields in Cuba in line with a draft cooperation
agreement, Azerbaijani Minister of Culture and Tourism Abulfaz Garayev
said on Tuesday.

The agreement was approved at a meeting of the Azerbaijani-Cuban
intergovernmental commission in Baku on Tuesday and is expected to be
signed in the "near future," the minister said.

"This is certainly a very interesting direction. And we hope that the
work which is due to be completed over the next year will become a
reality," Garayev told journalists after the meeting.

Last year, Cuba produced around 4 million tons of oil, while
Azerbaijan's oil production reached 45 million tons.

At the meeting the sides also discussed cooperation in medicine, food
production, culture and tourism. The first meeting of the commission was
held in Havana in November 2007.

Azerbaijan plans to develop oil fields in Cuba | Top Russian news and
analysis online | 'RIA Novosti' newswire (19 May 2009)

http://en.rian.ru/business/20090519/155042671.html

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