Lawmakers Urge Repsol Not To Drill In Cuban Waters

Law360, New York (September 29, 2011, 3:05 PM EDT) -- A group of lawmakers in the U.S. House of Representatives urged Spanish energy company Repsol YPF SA on Wednesday to abandon plans to partner with the Cuban government to drill for oil in the country's waters, saying the move could violate U.S. trade laws.

Nineteen Republicans and 15 Democrats sent a letter to Repsol Chair Antonio Brufau Niubo warning that the planned partnership with the Raul Castro regime — a U.S.-designated state sponsor of terrorism — could expose Repsol to criminal and civil liability in U.S....
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