{"id":1602,"date":"2026-06-10T11:32:28","date_gmt":"2026-06-10T11:32:28","guid":{"rendered":"https:\/\/floridamovingchronicle.com\/?p=1602"},"modified":"2026-06-10T11:32:28","modified_gmt":"2026-06-10T11:32:28","slug":"coral-gables-firm-strikes-deal-to-send-fuel-to-cubas-private-sector-on-oil-tankers","status":"publish","type":"post","link":"https:\/\/floridamovingchronicle.com\/?p=1602","title":{"rendered":"Coral Gables firm strikes deal to send fuel to Cuba\u2019s private sector on oil tankers"},"content":{"rendered":"
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An energy company based in Coral Gables has struck a landmark deal to lease Cuban government storage facilities and supply fuel shipped on oil tankers to the island’s private sector and humanitarian and religious organizations.<\/p>\n

Read more Traffic alert: Which Miami streets will be shut down for World Cup? Check details<\/a><\/p>\n

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In February, the Trump administration authorized oil exports to Cuba for \u201cprivate sector economic activities and those sold directly to individuals for personal or family use,\u201d without the need for a government authorization known as a specific license.<\/p>\n

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Coral Gables-based Vanguard Energy, a regional fuel trader in the Caribbean and Latin America, quickly became a provider of diesel and gasoline to Cuba\u2019s private businesses, delivered in specialized shipping containers known as ISO tanks. But the process is expensive and inefficient: the tanks can carry only 6,900 gallons of gasoline, and they must be filled and shipped to Cuba for transfer, then returned for refilling.<\/p>\n

<\/p>\n

Vanguard Energy signed a contract last month with a Cuban importing agency to lease facilities owned by the Cuban government company CUPET for fuel storage. The Coral Gables company will ship gasoline and diesel in oil tankers, not ISO tanks, and store it in Cuba, allowing a larger volume of fuel to reach private businesses and bringing fuel prices down, according to Matthew Aho, a policy advisor with Miami-based law firm Akerman, who helped broker the deal.<\/p>\n

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\u201cWe\u2019re looking to bring a reasonable-sized vessel, over 250,000 barrels of diesel fuel and gasoline, regular 87 gasoline, to put into a tank\u201d once a month or every 40 days, Matthew Klann, the president of Vanguard Energy, told the Miami Herald.<\/p>\n

<\/p>\n

Klann said the company will hold the title to the fuel and will not transfer it to the Cuban government. The company plans to begin selling fuel to customers who have already been vetted for sales via ISO tanks, including the U.S. Embassy in Havana.<\/p>\n

<\/p>\n

\u201cThen, as the process rolls out, and it looks like it works, and it\u2019s auditable, and both the U.S. side and the Cuban side see the benefit of privatization in their fuel market, you would hope that they go further, and more private companies can come in, and gas stations can potentially be sold to the private sector, and then an energy market, a gas market starts to flourish again,\u201d Klann said. \u201cThis would be the first process to start doing something in Cuba like this, to show both sides that privatization of the fuel market is how this business should be done.\u201d<\/p>\n

<\/p>\n

The deal is the first of its kind and could pave the way for more U.S. companies to participate in Cuba\u2019s energy sector, a goal the Trump administration has been pursuing. It would also give the private sector greater leverage amid an acute energy crisis on the island. And it would allow religious organizations like the Catholic Church and other humanitarian organizations to secure fuel to deliver aid to the public.<\/p>\n

<\/p>\n

The agreement follows months of discussions among Vanguard, Cuban authorities and U.S. officials, the company said in a statement, and it marks \u201cthe most significant commercial shift in Cuba\u2019s fuel sector in decades.\u201d<\/p>\n

<\/p>\n

The Cuban government has been unable to import fuel since January \u2013 except for one Russian oil shipment \u2013 after the Venezuelan government stopped sending free oil to the island, following the capture by the U.S. military of Nicol\u00e1s Maduro, and Mexico stopped shipments fearing U.S. tariffs.<\/p>\n

<\/p>\n

The agreement lands at a tense moment in the relationship between the United States and Cuba. The Trump administration has engaged in talks with Cuban leaders, pressing them on a number of demands, including enacting economic and political reforms, releasing political prisoners, and stopping China and Russia from using Cuba to spy on the United States..<\/p>\n

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Cuba\u2019s leader, Miguel D\u00edaz-Canel said the Trump administration\u2019s pressure on oil suppliers to stop delivering fuel to Cuba amounts to an \u201cact of genocide.\u201d Publicly, Cuban leaders have given no signal they intend to bow to U.S. pressure.<\/p>\n

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<\/p>\n

But there is no solution in sight that would allow the Cuban government to import the fuel it needs to meet the demands of the Cuban economy, which is mostly paralyzed, and its population, already suffering days-long blackouts. The Vanguard Energy deal suggests that Cuban leaders understand their predicament.<\/p>\n

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\u201cThis isn\u2019t a deal where we\u2019re giving it to CUPET; it is actually establishing a physical presence on the island, where a U.S. person, subject to U.S. law, has the right to inspect the fuel, has a title to it, and it is only distributed once it gets paid in the U.S.,\u201d said Augusto Maxwell, a lawyer with Akerman involved in the contract negotiations. \u201cTo me, from a U.S. policy point of view, it is a big win.\u201d<\/p>\n

<\/p>\n

The State Department and Cuba\u2019s Foreign Ministry did not immediately reply to Herald requests for comment.<\/p>\n

<\/p>\n

Akerman\u2019s legal analysis concluded that the contract met the requirements established by the Commerce Department\u2019s new policy authorizing U.S. fuel sales to the private sector and authorized individuals for personal use, provided that the company puts in place a robust compliance program and a due diligence program to approve customers and monitor distribution.<\/p>\n

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\u201cWe\u2019re going to be able to give the U.S. government absolute traceability\u201d of the sales, Maxwell said.<\/p>\n

<\/p>\n

Both the Treasury and Commerce Departments have said companies cannot sell oil to the Cuban government, the military, or sanctioned officials. They also can\u2019t sell it for the benefit of hotels managed by the Cuban military that are listed as banned properties under State Department sanctions.<\/p>\n

<\/p>\n

Aho said Vanguard Energy has secured a contract with strong protections, including maintaining ownership of the fuel stored on the island, control over whom the company would sell the fuel to, and the ability to monitor and inspect the fuel in storage. Payments from private business owners, embassies, or other authorized organizations will not go through Cuba\u2019s banking system, he added.<\/p>\n

<\/p>\n

He also said the contract includes protections that could be invoked if government workers are found to be siphoning off fuel.<\/p>\n

<\/p>\n

\u201cSales will be limited to customers who successfully complete Vanguard\u2019s due diligence program, ensuring transparency, accountability and adherence to applicable U.S. regulations,\u201d the company said in a statement. \u201cTo comply with U.S. laws, Vanguard will also enact safeguards to ensure that fuel is not diverted to the Cuban government or government-owned companies sanctioned by the United States.\u201d<\/p>\n

<\/p>\n

But the major challenge will be ensuring that private companies buying fuel from Vanguard Energy comply with U.S. regulations and do not resell it to the government, said Jorge Pi\u00f1\u00f3n, an energy expert at the University of Texas at Austin. How Vanguard navigates this and other challenges will provide valuable information for a future transition in Cuba, Pi\u00f1\u00f3n added.<\/p>\n

<\/p>\n

The deal, Pi\u00f1\u00f3n said, \u201copens the door for countless independent distributors and helps get companies larger than Vanguard Energy excited and starting to head to Cuba. And this also aids in a potential transition. We will have the know-how regarding how to supply oil to Cuba, thanks to the experience gained from Vanguard.\u201d<\/p>\n

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<\/article>\n","protected":false},"excerpt":{"rendered":"

Miami-based Vanguard Energy has reached an agreement to lease Cuban storage facilities and supply bulk fuel via oil tankers to the island\u2019s private sector and humanitarian organizations, marking a significant commercial shift authorized under U.S. regulations.<\/p>\n","protected":false},"author":1,"featured_media":1595,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-1602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cuba"],"yoast_head":"\nCoral Gables firm strikes deal to send fuel to Cuba\u2019s private sector on oil tankers - Florida Moving Chronicle<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/floridamovingchronicle.com\/?p=1602\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coral Gables firm strikes deal to send fuel to Cuba\u2019s private sector on oil tankers - Florida Moving Chronicle\" \/>\n<meta property=\"og:description\" content=\"Miami-based Vanguard Energy has reached an agreement to lease Cuban storage facilities and supply bulk fuel via oil tankers to the island\u2019s private sector and humanitarian organizations, marking a significant commercial shift authorized under U.S. regulations.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/floridamovingchronicle.com\/?p=1602\" \/>\n<meta property=\"og:site_name\" content=\"Florida Moving Chronicle\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-10T11:32:28+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/#\\\/schema\\\/person\\\/482f60b6a0b7cc84b37966d78057552f\"},\"headline\":\"Coral Gables firm strikes deal to send fuel to Cuba\u2019s private sector on oil tankers\",\"datePublished\":\"2026-06-10T11:32:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602\"},\"wordCount\":1250,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/floridamovingchronicle.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/b517639b69086210c8965afcfc78e51a.jpg\",\"articleSection\":[\"Cuba\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602\",\"url\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602\",\"name\":\"Coral Gables firm strikes deal to send fuel to Cuba\u2019s private sector on oil tankers - Florida Moving Chronicle\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/floridamovingchronicle.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/b517639b69086210c8965afcfc78e51a.jpg\",\"datePublished\":\"2026-06-10T11:32:28+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/#\\\/schema\\\/person\\\/482f60b6a0b7cc84b37966d78057552f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/floridamovingchronicle.com\\\/?p=1602#primaryimage\",\"url\":\"https:\\\/\\\/floridamovingchronicle.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/b517639b69086210c8965afcfc78e51a.jpg\",\"contentUrl\":\"https:\\\/\\\/floridamovingchronicle.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/b517639b69086210c8965afcfc78e51a.jpg\",\"width\":1199,\"height\":674,\"caption\":\"TOPSHOT - A tugboat guides the Russian oil tanker Anatoly Kolodkin at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. 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