Cuba faces one of the most critical challenges in its recent history: an energy crisis that threatens its economy and the well-being of its people. This article examines the historical roots of these issues, tracing their evolution from the collapse of the Soviet Union to the present day. Understanding the factors that have contributed to this crisis is essential for grasping its broader implications for the Cuban economy and society.

Cuba's legal framework for foreign investment, particularly in energy, offers attractive opportunities with tax benefits, legal guarantees, and international protections. Key sectors include renewable energy and hydrocarbons, with partnerships often involving state-owned companies.

In this exclusive interview, Petro Australis Energy discusses its experience collaborating with Cuba’s national oil company, CUPET, and navigating both the challenges and opportunities of operating in the country’s oil sector. With years of engagement in Cuba, the company details its progress on key projects, including ambitious plans to significantly increase production at the Pina oil field. The conversation also highlights Cuba’s support for foreign oil companies and offers valuable advice for those considering investment opportunities in the region.