Demand for fuel drops 7% in Costa Rica

Last October Costa Rica consumed 1,356,307 barrels of fuel - a 7% drop from the previous month.

Monday, November 10, 2008

Plus 91 gas consumption fell 6.8% going from 319,956 barrels in October 2007 to 297,948 barrels last month. Diesel also was reported to..

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Costa Rica: Fuel Consumption Up 11%

September 2016

In the first half of 2016 fuel sales grew by 11% compared to the same period last year.

From a statement issued by Recope:

Total fuel consumption continues to grow, in the first half of 2016 alone, sales increased by 11% compared to demand in the same period last year, going from 1,511,140,000 liters to 1,677,206,000 liters, which is a difference of 166 million liters, equivalent to about one million barrels.

Fuel Consumption in Costa Rica in 2013

January 2014

Overall oil consumption increased only by 1.55% compared with 2012, totaling of 19 million barrels.

From a statement by the Costa Rican Oil Refinery (RECOPE):

According to the records of the Costa Rican Oil Refinery (RECOPE SA), sales for the period January to December 2013 increased by 1.5% compared to the same period in 2012, going from 18,725,572 barrels in that year to 19,015,081 barrels in the past year.

Nicaragua's Fuel Bill Increases 80.7%

April 2011

In the first two months of the year, imports totaled $197.1 million, 80.7% more than in the same period of 2010.

The increase in the price of fuel will affect companies' transport costs and these in turn will impact product prices in a kind of domino effect.

Crude oil imports rose 4% in volume terms but in economic terms this equates to $200 million, 80% more than the amount purchased in the same period last year, since the price of a barrel has gone up to $90, according to a report from the Nicaraguan central bank (BCN).

Costa Rica's Oil Bill Up 60%

August 2010

In the first six months of the year $818 million was spent on oil, 60% more than the $510 million spent in the same period of 2009.

According to information from the Costa Rican Central Bank (BCCR), the increase in the number of barrels consumed was 6%, going from 8.89 million to 9.57 million.

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