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Melbana Suspends Cuban Operations After US Sanctions Hit CUPET

9:57am on Thursday 18th of June, 2026 AEST Energy
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Melbana Suspends Cuban Operations After US Sanctions Hit CUPET

9:57am on Thursday 18th of June, 2026 AEST
Key Points
  • US designates Cuban state oil firm CUPET as Specially Designated National
  • Melbana suspends financial and operational support to Cuban Block 9 PSC
  • Operations had already ceased due to partner non-payment in late 2025
  • Company maintains site safety via Cuban contractors amid sanctions review
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