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Cuba orders further cuts to power generation: newspaper
Source: Reuters
BUSINESS NEWS APRIL 21, 2019 / 5:12 PM / UPDATED 19 MINUTES AGO
Cuba orders further cuts to power generation: newspaper
Marc Frank
3 MIN READ
HAVANA (Reuters) - The Cuban government has ordered its state-run power system to further reduce electricity generation in the latest sign that a cash crunch exacerbated by new U.S. sanctions is taking an economic and human toll, a newspaper reported on Sunday.
Ciego de Avila’s provincial Communist Party newspaper, Invasor, reported that local generation would be cut 10 percent to save fuel as part of a nation-wide reduction ordered on April 18.
The report said cuts in fuel allocation for power generation begun in 2016 had so far spared the residential sector and essential services from blackouts but warned that could change.
More than 95 percent of the country’s electricity is generated by oil-fired plants.
-snip-
Cuba orders further cuts to power generation: newspaper
Marc Frank
3 MIN READ
HAVANA (Reuters) - The Cuban government has ordered its state-run power system to further reduce electricity generation in the latest sign that a cash crunch exacerbated by new U.S. sanctions is taking an economic and human toll, a newspaper reported on Sunday.
Ciego de Avila’s provincial Communist Party newspaper, Invasor, reported that local generation would be cut 10 percent to save fuel as part of a nation-wide reduction ordered on April 18.
The report said cuts in fuel allocation for power generation begun in 2016 had so far spared the residential sector and essential services from blackouts but warned that could change.
More than 95 percent of the country’s electricity is generated by oil-fired plants.
-snip-
Read more: https://www.reuters.com/article/us-cuba-economy/cuba-orders-further-cuts-to-power-generation-newspaper-idUSKCN1RX0PH
