The construction of an oil pipeline and a maritime terminal in the Pacific for the transfer and storage of fuels, are some of the projects planned to develop the state-owned Recope in the next eight years in Costa Rica.
The construction of a new plant for storage and sale of clean products in Liberia, and the polyduct connecting this plant with Barranca, is one of the large-scale projects that the Costa Rican Petroleum Refinery (Recope) plans to develop in the coming years.
The directors of the Costa Rican state run entity RECOPE say that "there are already a number of studies which prove profitability," but as they can not produce them, they have announced that universities will be hired to do so.
Added to the $50 million that has already been spent on the project, will be these extra costs for more technical studies, and the recruitment of "national universities who will delve deeper, from academia, into the information which international consultants have already verified and approved."
The limited information presented by the state run refinery RECOPE shows that the Costa Rican government will bear the entire risk of the $1.5 billion project.
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It is still not known how much the new refinery will cost, but the head of Economic and Financial Studies unit at Refinadora Costarricense de Petróleo (RECOPE), said: "The latest figure is around the $1.5 billion mark."
The first project already being worked on by the Costa Rican Oil Refinery (Recope) is a new plant in the area, whose works are advanced by 26% so far. It also presented a blueprint for the construction of two tanks on the Barranca plant in Puntarenas to support storage.
The Costa Rican Petroleum Refinery (Recope) is putting out to tender the construction of eight fuel storage tanks.
The purpose of the competitive bidding is the procurement of engineering services, labor, materials, equipment and tools and everything needed for the detailed design, supply, construction and interconnection, testing and commissioning of:
In April, Costa Rica's state-owned petrol company Recope will invite bids for the construction project.
Regarding its petrol infrastructure, the main goal of the company is to increase storage capacity to 320.000 thousand barrels in the next three years.
To achieve it, the company will invest $36 million in a series of projects to be developed in several of its distribution and storage centers in Costa Rica. These projects will be put out to tender in a single bidding process, with construction expected to start on April 2012.
One would be located in the north of the country, and the other to the south. The first one would cost around $3 million, and would be capable of serving 10% of the country’s demand by supplying 55 stations.
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