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Five
Companies Eyeing Recope Revamp Project
Costa Rican state oil refiner Recope's US$160
million refinery revamp project has attracted
the interest of five companies, a project
official from Recope said.
The project is the second phase of the
refinery's stage one modernization. The refinery
is in the port city of Limón on the
Caribbean coast.
Companies that expressed interest in EPC for the
revamp include Astra Evangelista, Dragados,
Honeywell and Marubeni, the official said.
Recope has extended to July 20 from June 20 the
bidding deadline for the project's EPC contract.
A third site visit is scheduled for Monday.
Design work will take roughly eight months and
construction 27 months.
The project aims to increase the refinery's
processing capacity to 38,000 barrels per day
from the current 25,000, in particular the
production of lead-free gasoline and low-sulfur
diesel.
The 38,000 barrels per day figure represents 75%
of the country's consumption.
The Central American Bank for Economic
Integration has approved a US$125 million loan
for the works.
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