Costa Rica to build new refinery from January

With the financial support of the government of China, Costa Rica is expected to start in January the construction of a new oil refinery, that is due to come on stream in mid-2015.

The new refinery will replace one at Limón on the Caribbean coast at a cost of $1.4 billion. The refinery will be owned by the state-owned Recope.

The Recope general manager, Jorge Rojas, said the new refinery will have a capacity to process 65,000 barrels of crude daily, sufficient to cover the nation's projected demand for up to 15 years.


Source: Inside Costa Rica