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Gasoline To Be More Expensive In May

Q COSTA RICA - On Monday the Refinadora Costarricense de Petróleo (Recope) made the request for an increase of ¢21 colones for a liter of super, ¢23 for regular and ¢6 for diesel. Typically the requests are made to the Autoridad Reguladora de los Servicios...

Drop In Gasoline Prices Approved

Q COSTA RICA - This week we will see the first drop in gasoline prices for the year. Following three consecutive increases in fuel prices, the Autoridad Reguladora de los Servicios Públicos (Aresep) on Friday approved a drop of ¢27 colones per litre for...

Gasoline Prices To Drop

Q COSTA RICA - Good news for drivers, gasoline prices may drop by the end of the month, following a request by the state refinery, the Refinadora Costarricense de Petróleo (Recope), for reduction of ¢23 and ¢25 colones for a litre of regular and...

Get Ready For The Second Price Hike Likely To Take Effect By The Weekend

Q COSTA RICA - The second fuel price hike of the year is expected to take effect likely by the weekend. And a third is waiting approval. Last Friday, January 27, the Autoridad Reguladora de los Servicios Públicos (Aresep) - regulator of public prices and...

RECOPE Proposes Weekly Fuel Price Adjustments

Q COSTA RICA - Perhaps a public outcry, calling for the government to open the fuel market and some even calling for a complete break up of the state refinery, is the reason behind the Refinadora Costarricense de Petroleo (RECOPE) proposal for a change...

Autonomous Agencies Increase Their 2017 ‘Propaganda’ Spending

Q COSTA RICA NEWS - Eleven autonomous government agencies (state agencies) including RECOPE (see hike in gasoline prices) and Acueductos y Alcantarillados (AyA), aja Costarricense de Seguro Social (CCSS), Patronato Nacional de la Infancia (PANI), Instituto Nacional de Seguros (INS), Superintendencia de Telecomunicaciones (Sutel), and...

Regulator Approves Hike In Gasoline Prices

Q COSTA RICA NEWS - With the start of the new year comes, you guessed it, a hike in gasoline prices. On Tuesday, the Autoridad Reguladora de los Servicios Públicos (Aresep) confirmed a hike in the cost of fuel, expected to take effect at...

Regulator Freezes Drops In Gasoline Prices

(TICO BULL by Rico) Just when I thought I had seen it all, here’s a new one: we continue to pay high gasoline prices because, according to the government regulator we must while the Constitutional Court considers a claim of unconstitutionality of the method...

Gas Price Hike By Month’s End

QCOSTARICA - The end of the month will bring an increase in fuel prices: ¢13 colones per litre of super and regula gasoline, and ¢24 for diesel, following the Autoridad Reguladora de los Servicios Público (ARESP) approval Friday afternoon. The increase is in response to...

Costa Rica and China Reaffirm Ties And Put Behind Them The Recope – CNPC Issues

China and Costa Rica have pledged to strengthening cooperation in trade, investment and exchanges in other areas. During a meeting between the Chinese state advisor, Yang Jiechi and Costa Rica foreign minister, Manuel Gonzalez, the two parties expressed their wish to increase mutual political...

China Wants To Talk

QCOSTARICA - Last week, Costa Rica's State refinery, the Refinadora Costarricense de Petroleo (RECOPE) decidedt to abandon the US$1.5 billion dollar refinery project upgrade it was working with the China National Petroleum Corp (CNPC). Today (Monday) the Chinese have called for talks. In 2009, RECOPE and...

Big Drop In Gasoline Prices Expected For Next Month

QCOSTARICA - Get ready for a big drop in gasoline prices, coming this way next month. The  Autoridad Reguladora de los Servicios Públicos (Aresep) - regulator of public prices and services - confirmed on Monday that it will on September 11 start the process of...

Drop in Fuel Prices In Effect On Thursday

QCOSTARICA - Whatever you do today,  DO NOT FILL UP YOUR GAS TANK, as the price of fuel takes drop effective at midnight tonight. On Thursday, the price of a litre of super gasoline will drop ¢44 colones, ¢39 for regular and ¢28 for diesel. At...

Costa Rica Still With The Highest Fuel Prices In The Region

(qCOSTARICA) In a report by Centralamericandata.com of a roundup of gasoline prices in Central America up to July 20, Costa Rica leads the pack with the highest prices. Converted to U.S. gallon and U.S. dollars for comparison, the reports pegs the the price of a...

RECOPE Reports Loss

(QCOSTARICA) Despite having a monopoly in an essential product, and being able to dictate local prices, state company, the Refinadora Costarricense de Petroleo (RECOPE) reported this week a loss of over ¢7 billion colones through March of this year. RECOPE is the national refinery, but...

Gas Zeta Saga Continues …

QCOSTARICA - The legal problems surrounding Gas Zeta, the LPG distributor, continue, menacing 250 confused employees at the company and delaying relief of the cooking gas crisis in the nation that has entered into its third week. Friday, legal problems prevented the loading of tank...

RECOPE Overcharged To Use Funds To Invest In New Finery

QCOSTARICA - The Aurtoridad Reguladora de Servicios Publics (ARESEP) - regulator of public prices and services agency, has instructed the state refinery, Refinadora Costarricense de Petroleo (RECOPE) to give back money to Costa Ricans. TheARESEP, whose audit was prompted by a request by legislators of...

Gasoline Price Hike Approved: ¢31 For Super, ¢29 For Regular and ¢7 For Diesel

QCOSTARICA - The price of a liter of gasoline will increase next week, following Tuesday's price hike approval by the Regulatory Authority for Public Services (Autoridad Reguladora de los Servicios Públicos - Aresep). The hike is of ¢31 per liter of super, ¢29 for regular/plus...

Gas Price Hike Humor

"With this model you won't have to worry about gasoline prices ... "  Gasoline prices in Costa Rica on Tuesday rose ¢34 for a litre of super, ¢42 regular (plus) and ¢19 for diesel.  

Chang’s Firm Breaks With Recope

QCOSTARICA - Ad Astra Rocket Company, the rocket company by former astronaut and physicist Dr. Franklin Chang, working on the project to produce hydrogen for use as fuel in vehicles, has broken ties with the state refinery, the Refinadora Costarricense de Petróleo (Recope). Chang made...

RECOPE Proposes a Hike of ¢41 in Gasoline Prices

QCOSTARICA - Following a series of consecutive drops in gasoline prices in the past six months, brace yourself for an increase, if approved, in March. The state refinery, the Refinadora Costarricense de Petroleo (RECOPE) on Friday made a request for an increase in gasoline prices:...

16% of Costa Rica Gasoline Stations Found Selling Poor Quality Fuel

COSTA RICA NEWS - The regulating authority for public service, Autoridad Reguladora de los Servicios Públicos (ARESET), says it found that 16% of the gasoline stations in the country last year sold contaminated fuel. The government authority, in its report, said that it found problems...

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