1 the potential for us energy sector in cuba by amy myers jaffe and ronald soligo introduction is an island nation about size of state pennsylvania located caribbean basin it has a population 11 million whom roughly 70 live urban areas s gdp was estimated at around 18 6 billion 1999 with growth rate 20 its 4 5 person workforce engaged agricultural where sugar citrus tobacco coffee rum are key exports trading partners russia canada netherlands strategically close to markets but united states maintains economic sanctions against have resulted lost opportunities both countries this report investigates industry impact on that were be lifted looking future cuban needs can clearly lifting participation could provide over 2 3 annually oil gas trade business