Cuba wants to increase purchases of Russian oil and oil products

Cuba wants to increase the supply of oil and oil products from Russia, but it is a matter of financing, Russian Energy Minister Alexander Novak told reporters.

"Cuba really wants more supplies, but the question is in financial sources. If financial resources are found - the companies will deliver, it's not charity," he said.

Earlier it was reported that Russian state-owned oil company Rosneft will supply with about 250,000 tonnes of oil and diesel fuel to the Cuban company Cubametales. Terms of supply were not specified.

According to media reports, in late 2016, Cuba’s President Raul Castro, asked Russian President Vladimir Putin to ensure the supply of oil and oil products to the republic after the country experienced some problems with raw materials from Venezuela.