Business & Commerce

Costa Rican Refinery Moves Forward

Topics::

Costa Rican Petroleum Refinery, Costa Rican Oil Refinery, China National Petroleum Corporation, José León Desanti, oil, oil refinery, Energy, Infrastructure and Construction, Costa Rica

Source: elsalvador.com
Monday, February 8, 2010

The project to expand the oil refinery in Moín, valued at $1 billion, could begin in 18 months.
The announcement was made by José Desanti, president of the state-owned “Refinadora Costarricense de Petróleo”, who explained they are finishing engineering studies with the Chinese National Petroleum Corporation.

“This joint initiative is just weeks away of becoming a reality”, stated Desanti. “We will require between 14 and 18 months to green-light this project”.

Related resources

Costa Rica: $700 Million for Refinery - Nov 19 09 (48%)

Costa Rica will Expand Refinery for $1 Billion - Sep 4 09 (42%)

Recope will Invest in Own Refinery with or without China - Jul 24 09 (41%)

Insistence in Chinese Refinery in Costa Rica - Apr 2 09 (36%)

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Sustainable Homes Sites Growing In Costa Rica

Wednesday, July 8, 2009

With the recent financial crisis and collapse of the world markets, we are experiencing an increasingly uncertain world. We have seen oil price spikes that have sent energy and food costs off the chart, a rapid decay of our ecosystem, and depleting fresh water supplies. Many experts predict a continuation, and possible worsening of this situation due to the statistics behind “Peak Oil” and the declining value of the U.S. dollar.

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