News and Facts about Cuba

Cuba Vacations for Russian Oil Co. Employees

Cuba Vacations for Russian Oil Co. Employees
December 14, 2014
Felipe Pagliery

HAVANA TIMES – Talk about good labor-management relations! The Russian
oil giant Rosneft has budgeted 157 million rubles this year to send
1,800 of its employees on an all-paid winter vacation to Cuba, Dec.
20-Jan. 15, the Russian media report.

That’s 2 million 298,441 dollars at the current rate of exchange.

A second Caribbean holiday has been set for April 20 to May 10,
according to Rosneft’s procurement website.

Individual vouchers of 87,000 rubles each ($1,495) will be made
available to the employees of three Rosneft subsidiaries,
Yuganskneftegaz, Angarsk Petrochemical Co., and Samotlorneftegaz,
according to the Rosneft website.

On July 11 in Havana, Rosneft’s CEO, Igor Sechin, and Juan Torres
Naranjo, general director of Cuba Petróleo (CUPET), signed a cooperation
agreement in the presence of presidents Vladimir Putin and Raúl Castro.
The vouchers cover airfare to Cuba, accommodations, meals, shuttle
service, spas, excursions, etc.

The amounts allotted are 34.8 million, 13.7 million and 8.7 million
rubles, respectively. Rosneft’s home office in Moscow has excluded
itself from the holiday to Cuba but the company is budgeting 74.3
million rubles ($1.277 million) for vacation vouchers for Crimea.

In 2013, 70,400 Russian tourists visited Cuba, down from 86,000 in 2012,
according to official sources. Figures for this year are not yet complete.

Rosneft and another Russian oil company, Zarubezhneft, have agreed to
help CUPET explore offshore in Cuba, which has limited onshore
production and depends on for its supply of oil.

Source: Cuba Vacations for Russian Oil Co. Employees – Havana

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