The Constitutional Chamber has rejected the appeal filed by deputies against the presidential decree that prevented a 72% increase in LP gas prices and 35% in bunker fuel.
From a statement issued by the Chamber of Industry:
"The Chamber of Industries of Costa Rica has welcomed the rejection by the Constitutional Chamber of the case of unconstitutionality brought by the Deputy of the PUSC Luis Vásquez and other Deputies against the Sectoral Policy of the Executive Power regarding the prices of industrial fuels, corresponding to Executive Decree 39437 of the MINAE, signed in January of last year.This defeats once more the specter of an excessive and disproportionate increase in fuel prices which our industry uses to compete in the world and with the world.
From March 12 to 15 shipping companies, logistics companies and others from this industry will be meeting in Panama to discuss issues such as the use of new energy sources and technology on ships.
The Panama Maritime Chamber has announced the holding of the XIII Panama MaritimeConference& Exhibition from March 12 to 15 at the Megapolis Convention Center in Panama City.
Industrialists in Costa Rica are opposed to the appeal lodged by deputies against the presidential decree that prevented the rise of 72% in the price of LP gas and 35% in bunker fuel.
From a statement issued by the Chamber of Industries of Costa Rica:
The Chamber of Industries of Costa Rica said that nullifying the presidential decree on Sector Policy, as several Deputies want to do, will affect employment.Last week, deputy Luis Alberto Vasquez Castro and other lawmakers presented an appeal to the Constitutional Court against the decree by President Luis Guillermo Solis of January, a decree that prevented the ARESEP from changing the methodology of fuel prices.This presidential decree, put an end to the disproportionate increase in the price of Liquefied Petroleum Gas (LPG), 72%, and bunker fuel, 35%, which are key materials for the industrial sector.
In Costa Rica, companies are reporting savings on their electricity bill of up to 30% after having migrated to biomass as a fuel source, and they are demanding legislation that favors its use.
The orange juice producer Del Oro in Costa Rica, achieved savings of up to 28% through the use of a biomass boiler that was installed in 2010, compared to what it cost to maintain it using bunker fuel.
Concern over the serious impact on the productive sector of a 72% increase in gas prices has faded, while accusations of inefficiency and a monopolistic state oil company still persist.
Although the ARESEP is expecting to submit to a public hearing the new pricing methodology which would eliminate the subsidy from the cost of Liquefied Petroleum Gas (LPG), asphalt and bunker fuel, and increase the cost of a 25 pound cylinder from ¢ 6,410 to ¢8,470, the Government of the Republic has decreed a new sector policy for prices, in order to avoid the increases proposed by the regulator.
Increases up to 72% are expected in the price of gas and 35% in bunker fuel if a proposal put forward by ARESEP to reduce the price of gasoline and diesel by 2% is successful.
From a statement issued by the Chamber of Industries of Costa Rica:
Monday December 7, 2015. While industrial companies are making significant efforts to increase production and create jobs, the ARESEP has announced that in order to reduce gasoline and diesel by 2% it will increase the cost of bunker fuel by 35% and by the cost of Petroleum liquid gas 72%.
On 6 and 7 October industry representatives worldwide will gather together in Panama City to discuss issues such as the impact of the expanded canal on bunker operations.
Representatives from the Maritime Chamber of Panama, the event organizer, said to Prensa.com that "... The aim this year is to unite the bunkering sector agencies, shipping companies and their service providers, and present the problems of the sector to the various authorities in the country ".
The conversion to biofuel is feasible in agribusinesses who have their own waste production the raw material needed to generate it.
The return on investment calculation of $9 million in less than four years was a deciding factor in the Cooperativa Agroindustrial de Productores de Palma Aceitera (Coopeagropal) introducing a clean energy program.
"The biggest investment is the installation of a giant digester using German technology, in which the organic matter from the plant wastewater is processed."
Delays in unloading a ship and specifications errors have forced the state electricity company, the ICE, to use diesel instead of bunker fuel to generate electricity.
A boat containing bunker fuel for had to wait 11 days in Puerto Caldera before unloading. "The delay forced the Costa Rican Electricity Institute (ICE) to use diesel (much more expensive) to produce electricity during that time", reported Nacion.com.
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.
At an estimated cost of $16.3 million the Costa Rican Oil Refinery is putting out to tender the construction of tanks for storing bunker fuel and asphalt.
Included in the works are:
For the asphalt storage tanks:
-Dismantling of a 1590 cubic meter (10,000 barrels) tank and two tanks measuring 200 cubic meters (1,258 barrels) and associated piping, and transfer of materials to the collection center.
In 2011 Costa Rica increased its use of fossil fuels by 24% in order to meet the demand for energy.
Data from the Regulatory Authority for Public Services (Aresep) shows that power generation based on diesel and bunker fuel grew by 24% in 2011 compared to 2010, going from 706.529 MW / h to 930.970 MW / h.
The total electricity generation in Costa Rica was 9.8 million MW / h last year and thermal plants contributed 9.48%, according to the institution quoted by Nacion.com. Domestic demand grew by 2%.
The Costa Rican state electricity and fuel companies have agreed to build a terminal for the supply of bunker fuel.
From a press release by RECOPE :
The Costa Rican Petroleum Refinery (RECOPE SA) and the Instituto Costarricensede Electricidad (ICE), have pledged to work together in developing the Pacific Terminal project, which will allow the country to have another alternative way to import fuel which will strengthen RECOPE’s value chain in infrastructure and reduces the risk of shortages, as well as providing an alternative supply of bunker fuel for consumption centers on the Pacific coast, in particular for electricity generation in the Garabito thermal plant.
An electricity project by the ICE in Costa Rica will cause 20 tankers of fuel to be transported daily between Limon and Puntarenas by road.
According to nacion.com, "The fuel will be used to supply the Garabito Electrical Plant which his being built by the ICE at Montes de Oro next to the Inter-American Highway
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