Cuba produces around 80,000 barrels per day (13,000 m3/d) of heavy crude oil. Various companies have explored for oil in Cuba over the last 15 years with the only new discoveries along the northwest heavy oil belt, an 80-mile (128 km) stretch of coast in La Habana and Matanzas provinces. Cuba consumes about 150,000 bbl/d (24,000 m3/d), of which 53,000 bbl/d (8,400 m3/d) of oil and oil products are imported from Venezuela on Petrocaribe generous financing terms under a wide-ranging cooperation accord.