Oil Consumption in Costa Rica

A report from the state run and monopolistic Costa Rican Petroleum Refinery indicates that during 2014 the country consumed 19 million barrels of oil.

Thursday, January 22, 2015

From the report by the Costa Rican Petroleum Refinery (RECOPE):

According to the records from the Costa Rican Petroleum Refinery (RECOPE SA), sales for the period January to December 2014 increased by 2.12% compared to the same period in 2013, going from 3,023,400 m³ in that year to 3,087,620 m³ in the past year (equivalent to 19 million barrels).

The Items registering the fastest growth in demand in 2014 were super petrol, diesel and LPG:

Super Gasoline demand reported a growth 6.57% while 91 Plus gasoline recorded a decrease of - 0.67% compared to sales in 2013.

More on this topic

Oil Bill Increases 20%

December 2018

From January to September of this year, imports of different types of fuels in Honduras totaled $1.155 million, 20% more than the same period in 2017.

According to statistics from the Central Bank of Honduras, between the first nine months of 2017 and the same period in 2018, the country reported an increase in foreign purchases of fuel, rising from $963 million to $1.155 billion.

Gas Prices in Central America

April 2014

Price of a gallon of regular gas: Costa Rica $4.91, Nicaragua $4.72, Honduras $4.97, Guatemala $4.16 and El Salvador $4.10.

From information published by the Ministry of Economy of El Salvador:

The Ministry of Economy has announced new changes in the reference prices for fuel, which will be in force from April 15 to 28 2014.

Fuel Consumption in Costa Rica in 2013

January 2014

Overall oil consumption increased only by 1.55% compared with 2012, totaling of 19 million barrels.

From a statement by the Costa Rican Oil Refinery (RECOPE):

According to the records of the Costa Rican Oil Refinery (RECOPE SA), sales for the period January to December 2013 increased by 1.5% compared to the same period in 2012, going from 18,725,572 barrels in that year to 19,015,081 barrels in the past year.

Honduras: Hydrocarbons Could be Regulated

July 2009

The government is preparing a law that will seek equal conditions for all the participants of the hydrocarbon market.

There are several instructions involved in the supply chain, situation that generates a sharp division between the different participants, according to Benjamín Bográn, minister at the Industry and Commerce Secretary (SIC, Spanish acronym).

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