Investor Presentaiton
Unit 1B oil qualities export grade
Next six months
Unit 1B favourable characteristics
of lighter density, low sulphur and
low viscosity
7%
Cuba, Varadero
Cuba, Corralillo
Oil characteristics study underway
6%
Melbana
Energy
° API
Classification
Sulphur
(%)
> 31.1
Light
22.3-31.1
Medium
< 0.5
0.5 a 1.5
API Gravity V Sulphur Content
10 - 22.3
Heavy
1.5 a 3.0
< 10
Ultra heavy
> 3.0
Cuba, Chapelin
to understand price against
regional oil price markers
Discussions underway with
potential oil buyers
Similar oils in region include,
Escalante, Castilla, Merey, Marlim
& Maya.
Talking to oil traders to investigate
potential to pre-fund development
Cuba, Yumuri
Cuba, San Anton
Cuba, Majaguillar
5%
Cuba, Camaroica
Sulphur Content (% m/m)
Cuba, Marti 2 Cuba, Varadero Sur
Cuba, Gausimas
4%
Cuba, Cupey
Mexico, Maya
Cuba, Alameda-2 Unit 1B further test
3%
Venezuela, Morichal 16.
Cuba, Guadal
Venezuela, Merey
Ecuador, Napo
Cuba, Pina
Cuba, Bolarnos
2%
Colombia, Castilla
Cuba, Marti 5
Colombia, Magdalena
Arab Light
US, Midway Sunset
US, THUMS
1%
Cuba, Cantel
Ecuador, Oriente
Brent
Venezuela, Mesa
Test
Unit
Results
✓ or ☑
US, Wilmington
Peru, Loreto
Colombia, Vasconia
ΑΡΙ
API
18.7
Brazil, Marlim
Argentina, Escalante
0%
Sulphur
% (m/m)
~ 2.6
10
20
WTI
Cuba, Motembo
Bonny Light
40
50
API Gravity
https://www.mckinseyenergyinsights.com/resources/refinery-reference-desk/crude-grades/
Classification
Low sulphurous
Medium sulphurous
Sulphurous
High sulphurous
60
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