Wednesday 8 February 2023

Recope plans to sell super gasoline with 8% ethanol starting in June

Recope will resume initiative 10 months after it was postponed by the Government due to user doubts and lack of information

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After nine failed attempts, the Refinadora Costarricense de Petróleo (Recope) – the State gasoline distributor – will resume this year the idea of ​​distributing super grade gasoline mixed with ethanol.

Recope will resume initiative 10 months after it was postponed by the Government due to user doubts and lack of information

The target is June.

This is revealed by Recope’s forecasts in its 2020 spending plan, estimating that super gasoline will 8% ethanol volume.

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Ethanol is added to gasoline, in different percentages, to replace part of the conventional hydrocarbon and thus reduce the consumption of fossil fuel, supposedly reducing the emission of greenhouse gases that contribute to global warming.

Recope is also budgeting ¢5 billion colones to meet possible claims that consumers may present to the Autoridad Reguladora de los Servicios Públicos (Aresep) – regulating authority.

In the budget, Recope plans to build three tanks of 10,000 barrels each for ethanol storage and two additional reservoirs with capacity for 40,000 barrels each for gasoline, at a cost of ¢3.7 billion colones.

 

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