Cuba Resource Reserves (2026)

1990

2025

What to know

As of 2021, natural gas led Cuba's reserve mix at 2.500 trillion cubic feet. It also held 0.124 billion barrels of oil. Over the last decade, gas reserves held roughly steady. EIA stopped publishing oil and gas proved reserves in 2023; the figures above use the latest archived release, while coal continues to update through 2023. Beyond fossil fuels, Cuba produces Cobalt among USGS-tracked critical minerals. It also holds top-five reserves of Cobalt.

Key reserves

Oil reserves (2021)

0.12 B bbl

Natural gas reserves (2021)

2.50 TCF

Cobalt reserves (2025)

500.0 kt

Key terms

Proved reserves: — Quantities of crude oil or natural gas that geological and engineering data demonstrate with reasonable certainty are recoverable under existing economic and operating conditions.
Recoverable reserves: — Coal that can be technically and economically extracted with current mining methods at current prices. Excludes inaccessible deposits.
Billion barrels (B bbl): — Unit for oil reserves. One barrel equals 42 US gallons or about 159 litres.
Trillion cubic feet (TCF): — Unit for natural gas reserves. One TCF is roughly 28.3 billion cubic metres.
Million short tons (M ST): — Unit for coal reserves. One short ton equals 2,000 lb or 907 kg.

Crude oil proved reserves

In 2021, Cuba had 0.124 billion barrels of proved crude oil reserves. Over the prior decade, those reserves held roughly steady.

Natural gas proved reserves

In 2021, Cuba held 2.500 trillion cubic feet of proved natural gas reserves. Reserves held roughly steady over the prior decade.

The bottom line

Cuba's reserve base was built around natural gas, the cleaner-burning of the fossil fuels.

Critical minerals (USGS)

Cuba produces Cobalt among USGS-tracked critical minerals.

USGS marks 2025 production figures and all reserve estimates as estimated; some earlier production years are USGS estimates as well. Each commodity below charts its own mine-production history, with the 2025 reserve shown beneath its chart.

Cobalt production

Nickel production

Source: U.S. Energy Information Administration · Updated June 2026

What to know

Key reserves

Oil reserves (2021)

0.12 B bbl

Natural gas reserves (2021)

2.50 TCF

Cobalt reserves (2025)

500.0 kt

Key terms

Proved reserves: — Quantities of crude oil or natural gas that geological and engineering data demonstrate with reasonable certainty are recoverable under existing economic and operating conditions.
Recoverable reserves: — Coal that can be technically and economically extracted with current mining methods at current prices. Excludes inaccessible deposits.
Billion barrels (B bbl): — Unit for oil reserves. One barrel equals 42 US gallons or about 159 litres.
Trillion cubic feet (TCF): — Unit for natural gas reserves. One TCF is roughly 28.3 billion cubic metres.
Million short tons (M ST): — Unit for coal reserves. One short ton equals 2,000 lb or 907 kg.

Crude oil proved reserves

In 2021, Cuba had 0.124 billion barrels of proved crude oil reserves. Over the prior decade, those reserves held roughly steady.

Natural gas proved reserves

In 2021, Cuba held 2.500 trillion cubic feet of proved natural gas reserves. Reserves held roughly steady over the prior decade.

The bottom line

Cuba's reserve base was built around natural gas, the cleaner-burning of the fossil fuels.

Critical minerals (USGS)

Cuba produces Cobalt among USGS-tracked critical minerals.

United States of America

Mexico

Haiti

Jamaica

Bahamas

What to know

Key reserves

The bottom line

Critical minerals (USGS)

United States of America

Mexico

Haiti

Jamaica

Bahamas

What to know

Key reserves

The bottom line

Critical minerals (USGS)