More

    RECOPE Should Consider Options before Making New Refinery Say Experts

    Must Read

    TCRN STAFFhttp://www.TheCostaRicaNews.com
    Like you, we are tired of corporate media that is politically driven and one sided. So we decided to focus on news that’s important to people. We’re Creating a Conscious alternative news network that we feel the world needs and we need your help! We can’t do this without you! Support news and media that matters and that can help change our world!

    Limon Costa Rica (TCRN) – A number of experts agree that building a new refinery in Costa Rica may not be such a good idea and it be better to consider other options before taking on a $1 billion+ debt and commitment to to the government of China. Some have called it another China Petroleum project, one of many initiated by China all over the world.

    The “Criticism of Financial and Social Assessment” report by economist Carlos Leiva, presents a series of arguments against the new refinery that RECOPE intends to build.

    According to Lewis, RECOPE should conduct feasibility studies and cost to benefits on other options such as natural gas solutions.
    Another concern are the how the numbers have been constructed, a former official of Recope, Juan Antonio Rodriguez, said the project was conceived based on the price difference when buying raw product, rather than finished product.

    According to an analysis by Rodriguez, construction costs, operation and maintenance of the new refinery would generate an increase of $25 per barrel, extra costs that the consumer would ultimately pay for

    The Ombudsman, meanwhile, is under investigation on the possible implications that this project would have on the country and the impact on the end user in fuels.

    The Costa Rica News (TCRN)
    San Jose Costa Rica
    Category: Costa Rica in the News

    https://resonancecr.com/retreats/

    - Advertisement -
    - Advertisement -
    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    Indigenous Theater Gains More Audiences in Canada

    In the evolution of indigenous theater in Canada, it is hard to believe that there was a time when...
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »