En Español

Very usefull links


News links




Dow Jones

Oil price



Views and News





Cuban gas shortage open opportunites to sell electric cars - Miami electric car dealer



Petroleumworld 04 18 2017

An electric car dealer with a Miami subsidiary is telling Cuba-based diplomats struggling with a gasoline shortage on the Communist-run Caribbean island that they should fret no longer.

The United States, which maintains a trade embargo on Cuba, licensed Premier Automotive Export to sell vehicles to non-state entities in Cuba, such as embassies and private companies, as part of detente under former president Barack Obama.

"We put together a special offer and are distributing the flier - a 2016 Nissan ( 7201.T ) Leaf electric sedan, plus super charger, for $25,000, including shipping direct from Miami to Mariel Port," said John Felder, owner of Premier's Cayman Islands-based parent, Automotive Leasing and Sales Co.

The cash-strapped Cuban government cut back deliveries of high-octane gasoline this month, sending diplomats, other foreigners and better-off Cubans scrambling to locate fuel and waiting in long lines to fill up their cars.

It was not clear how long the shortage would last, and the government has not commented on the situation.

Most Cubans who own cars, mainly vintage American and Soviet-era models, use lesser-quality fuel that can damage modern engines.

To date, Felder has sold just one of his vehicles, to the Guyanese Embassy before the shortages began.

Ambassador Halim Majeed said his government purchased the car as part of its green energy initiative, but now it has proved handy indeed.

I'm lucky, and I'm happy about that," He said.

Majeed said other diplomats had always shown interest in his electric car, but there was more now.

"It is natural that when one faces an issue, you devise ways and means to overcome that challenge," he said, "and in this situation, the electrical vehicle can help do that."

Cuba depends on crisis-racked ally Venezuela for about 70 percent of its fuel needs, including oil for refining and re-exports.

But socialist Venezuela's subsidized shipments have fallen by as much as 40 percent since 2014. Potential new suppliers usually want cash due to Cuba's poor credit rating.

Two of three Cuban refineries have closed or have operated well below capacity for months.

Swedish Ambassador Jonas Loven said he would "think seriously" about Premier's offer the next time the embassy changes its official car.

"It would send a good CO2 message as well," Loven said. "Unfortunately, we just bought a new Mercedes."

Story by Marc Frank ; Editing by Lisa Von Ahn from Reuters.

reuters.com 04 17 2017

We invite all our readers to share with us
their views and comments about this article

Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels




Offshore Technology Conference

May 1-4, NRG Park
Houston, Texas, USA




Contact: editor@petroleumworld.com,

Editor & Publisher:Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2016, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2017, Petroleumworld   / Elio Ohep - All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.