More Natural Gas in Costa Rica

The state fuel company Recope will begin importing natural gas within 6 months, to sell it to industrial clients.

Monday, October 22, 2012

According to Jorge Rojas, general manager of Recope, research is still being conducted over how many tons of gas will be brought into the country and at what prices it will be marketed locally.

The product will serve as an alternative for large scale energy consumers, who have seen their costs affected by the higher prices for the electricity in the country.

"The companies who will benefit the most from the import of natural gas will be those in the cement, stained glass and metallurgical business, who consume a lot of electricity in their processes which involve high-powered furnaces", published elfinancierocr.com.

According to Ronald Jimenez, from the Costa Rican Association of Large Energy Consumers, "replacing diesel and bunker fuel with natural gas will reduce by half the cost of producing electricity."



More on this topic

Rules for the Natural Gas Business Questioned

November 2017

Companies in the fuel industry put forward their observations on the bill that aims to regulate the public service of natural gas in Panama.

So far the National Authority of Public Services (ASEP) has received comments from 15 companies and organizations regarding the content of the draft law that aims to regulate the business of production and marketing of natural gas as a fuel in the country.

Natural Gas is not a Derivative of Petroleum

October 2012

Will the fuel be included in the state fuel monopoly run by the Costa Rican Oil Refinery?

While all around the world the importance of natural gas as an energy source is growing, the Costa Rica state agency Costa Rican Oil Refinery (RECOPE), which holds a monopoly on crude oil and its derivatives, is preparing its infrastructure for the self-imposed role of sole importer and wholesale distributor of the fuel.

Costa Rica: Strategy for Natural Gas

September 2012

The Costa Rican Petroleum Refinery company (RECOPE SA) has proposed a strategy to participate as a bulk importer and distributor of the product.

A statement from the Costa Rican Oil Refinery (RECOPE) reads:

RECOPE proposes strategy for the use of natural gas in Costa Rica

Natural Gas as Energy Source for Costa Rica

April 2012

The two energy-related state enterprises are looking at replacing bunker fuel and diesel power generation plants and power used in public transport and freight, with natural gas.

The state run Costa Rican Oil Refinery (Recope) and the Costa Rican Electricity Institute (ICE), are awaiting the results of a study contracted with a Canadian company that will define the economic and technical feasibility of using natural gas as a substitute for diesel or bunker fuel.

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