Recope, in alliance with a Chinese oil company, will create a new private company that will modernize and expand the Moin refinery in Limon.
Nacion.com reports: "In this case, the document - dated October 28, 2008 - authorizes the Costa Rican Petroleum Refinery (Recope) to negotiate and sign an agreement to create "a joint company" with the ChinaNational Petroleum Corporation International LTD, a subsidiary of China National Petroleum Corporation.
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