Gas dispute blights Costa Rica trade deal with Mexico

The 1995 free trade agreement between Mexico and Costa Rica is under threat as the result of a dispute over liquefied petroleum gas (LPG), the fuel of preference in much of the region.

Wednesday, April 30, 2008

The Mexican companies that distribute LPG in Costa Rica claim that the government discriminates against them, even though they comply with all of the nation's regulations as well as those of the FTA.
The government has called for the licenses of Tropigas and Gas Nacional Zeta to be revoked even though the courts and the Energy Ministry say that both companies have obeyed the law at all times.

More on this topic

Costa Rica Opens Up Liquefied Gas Distribution Market

May 2015

Internal problems in the larger of the two current distributors is restricting supply in the market and has forced the government to authorize the operation of other distributors.

In light of the legal dispute faced by the main gas distributors in the country, which have stopped providing the service temporarily, the Costa Rican government has announced that they are willing to authorize the operation of other distribution companies that meet the requirements established by law.

Panama: Company Studies Importing Gas From Colombia

March 2010

Pacific Rubiales Energy, a Canadian corporation, is studying the Panamanian market, to determine the feasibility of importing gas from Colombia.

Eduardo Lima, head of the company, explained that $100 million should be invested in the first phase, to transport compressed gas from Colombia in small ships.

"Gas del Caribe" Moves Operations to Costa Rica

August 2009

The Mexican company "Gas del Caribe", located in Cortés, Honduras, will move its operations to Costa Rica.

The transnational company, operating in the country for the past 20 years, will move its operations after being unable to solve legal problems and environmental licenses.

Argon, Oxygen and Nitrogen Exports

July 2009

Starting August 2009, Praxair Costa Rica, local subsidiary of Praxair Inc corporation, will export liquefied gases to Nicaragua and Panama.

To expand its market and export to the region, Praxair Costa Rica invested $15 million in a new 7.000 square meter facility, which is in the last stage of construction.

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

ATENAS: 13 HA, 1.5 KM from Highway 27, US$ 11/m2

Prime Lake Front Real Estate near San Jose, CR Now Available for Development, an extraordinary commercial real estate opportunity.
A lush 32 acre/13 hectare plot located just West of the...

Stock Indexes

(Aug 30)
Dow Jones
S&P 500


(Aug 30)
Brent Crude Oil
Coffee "C"