Nicaraguan Refinery Studies Presented
It was announced that the Supremo Sueño de Bolivar (Bolivar’s Ultimate Dream) refinery will now be located on the Miramar coast and not in Nagarote.
Friday, April 3, 2009
The industrial petroleum complex project still has feasibility, environmental impact and viability studies pending.
CAMC Engineering, from Mainland China, is the counterpart of a $233 million contract to build the basic storage infrastructure and the pipeline network.
The construction of the refinery El Supremo Sueño de Bolívar in Miramar, remains paralyzed as the government seeks funds to finance the second phase, the refinement complex.
Soresco (a joint venture between Costa Rica’s Recope and China’s CNPC) will hire a company to develop the refinery’s feasibility studies.
The National Assembly has approved a $ 6.5 billion project that includes a refinery and an interoceanic pipeline.
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