Delays to Oil Dock Works in Moin

Financial problems of the Mexican company ICA, member of the consortium in charge of building the dock in Costa Rica, could be part of the reasons behind the stoppage of work on the project.

Tuesday, March 28, 2017

The proposed construction of an oil dock for Recope was awarded to the consortium made up of MECO and the Mexican construction firm ICA, which since 2012 has been developing the works. The project is now 96% complete, and according to the president of Recope, Sara Salazar, the problem of non-payment, which may have led workers to stop construction, has now been resolved and work will resume in the coming days .

Nacion.com reports that "...Apparently, the suspension of payment is related to a crisis that the construction company ICA has been facing in Mexico since 2015. This newspaper made calls to the headquarters of Ingenieros Civiles Asociados (ICA) in Mexico, but did not manage to talk with representatives of the corporate communications area or management. Meanwhile, the phone appears inactive in the offices in Costa Rica."

The development manager at Recope, Leonel Altamirano said that they are not yet considering "... a dissolution of the contract, that being that the worst case scenario, with only 4% of works left to be executed. Another 4% corresponds to contractual clauses.  In fact, the tender conditions allows mitigation measures including Recope finishing the work if the Office of the Comptroller General of Colombia authorizes it. There is already talk about a breach of contract, but that's not what we see as ideal," he said."

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More on this topic

Works on Oil Dock in Moín Still Paralyzed

July 2017

There is still no certainty as to when construction of the dock will resume, rather than being ready by the middle of this year, it will be delayed until at least January 2018.

Initial plans were that Recope's oil dock, which will allow larger vessels to dock, would be ready by the middle of this year, but it is now estimated that it could be completed in early January next year, due to problems that arose during the construction process, which is being run by the consortium ICA-MECO.

Contract Endorsed for Oil Dock in Moin

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The green light has been given to a contract between the Costa Rican Oil Refinery (Recope) and the ICA-MECO consortium for the works which will cost $97 million.

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