Country Report

Cuba risk brief

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Report summary

The US embargo severely limits foreign E&P activity in Cuba. Further, high currency risks as the country moves to abandon its dual currency system, antiquated infrastructure and environmental concerns create a challenging operating environment. However, a shift in status quo is inevitable as the Castro era comes to an end, suggesting a possible relaxation of sanctions sooner rather than later.  The government is also gradually liberalising the economy and improving the business environment.

What's included

This report contains

  • Document

    Cuba risk brief

    PDF 696.47 KB

  • Document

    Cuba risk brief

    ZIP 904.16 KB

  • Document

    Research methodology country and asset risk.pdf

    PDF 251.22 KB

Table of contents

  • Executive summary
      • 1. Ease of entry
      • 2. Fiscal system
      • 3. Contract sanctity
      • 4. State presence
      • 5. Regulation
      • 6. Corruption
      • 7. Geopolitics
      • 8. Labour activism
      • 9. Natural hazards
      • 10. Civil unrest
      • 11. Security
      • 12. Environment
      • 13. Supply chain
      • 14. Local content
      • 15. Infrastructure
      • 16. Fiscal stability
      • 17. Pricing
      • 18. Currency risk
      • 19. Domestic market obligation
      • 20. Gas market access
      • 21. OPEC affiliation
  • Risk matrix

Tables and charts

This report includes 5 images and tables including:

Tables

  • Executive summary: Table 1

Images

  • Asset Risk Index (ARI) forecast - Cuba
  • Political map
  • Cuba Risk Matrix - 2014
  • Location map

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