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Havana says Total will explore in Gulf of Mexico as French president promises to be ‘faithful ally’ to Communist-run country
Cuba has announced an oil exploration deal with France in the Gulf of Mexico after the French president, François Hollande, made a historic visit to Cuba in which he called on the United States to end its trade embargo on the Communist-run country.
French oil major Total signed an agreement on Monday to explore for offshore oil with Cuban state oil monopoly CubaPetroleo (Cupet). Cuban state-run television reported the exploration agreement without giving further details.
On Monday Hollande said France “will be a faithful ally” to Cuba as the country reforms its centrally planned economy and tries to re-enter the global economic system.
Publish by The Guardian