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Insidecostarica.com - San José, Costa Rica  -  Friday 14 July  2006

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Costa Rica To Bid For Regional Refinery Contract
Costa Rica is preparing its offer for the bid to be the chosen for the Mesoamérica refinery, said the Ministro de Ambiente y Energía (MINAE) - Environment and Energy Minister - Roberto Dobles.

The Minister assured that though it had not been initially contemplated fr the location of a plant in the Pacific coast, however, unofficial news from Mexico is that there is a good probability for one of Costa Rica's coast could be chosen.

Dobles assures that his ministry will work to obtain the contract that will require a us$6 billion dollar investment.

For their part, the Mexican secretario de Energía, Fernando Canales, announced that the bid for the construction of a mega refinery that will supply gasoline to the 10 countries that make up Mesoamérica will be on August 31.

The Mexican secretary said in a press conference that companies that are interested in the project are Chevron-Texaco, Conoco Phillips, Oxy, Shell, Mitsubishi, Velero Energy, British Petroleum (BP), Marubeni, Mitsui and the Brazilian, Petrobras.

Financial support for the project will come from the Banco Interamericano de Desarrollo (BID), Banamex, Scotia Financial, Morgan Stanley and Global Resource, among others.

The Mexican minister added to his comments, that according to a study by the KBC Advanced Technologies consultants, the most appropriate locations for the refinery would be Quetzal in Guatemala and Armuelles in Panama.

However, Dobles said that the report does not exclude the possibility of a plant in Costa Rica. The MINAE Minister said that Costa Rica will continue forward with its plans to submit a bid.

At the beginning of June the heads of government of Central America, Mexico, Dominican Republic and Colombia agreed that the investor with the winning bid will decide where the plant will be located.

The plant, according to the Mexican minister, will have a capacity of refining 360.000 barrels a day, of which Mexico will supply some 230.000 barrels of crude oil a day under a long term agreement.

The other 130.000 barrels will be the responsibility of operator of the refinery to locate from countries like Venezuela and Ecuador.

Once the bid has been awarded, the completion of the construction will be by 2010.


 




Mesoamérica is a region that extends roughly from the Tropic of Cancer in central Mexico down through northwestern Costa Rica.

The term is generally used to denote the peoples and cultures of that region before the Spanish conquest.

The name Mesoamérica was first used by the German ethnologist Paul Kirchhoff to refer to a region of similar cultures characterized by the practice of agriculture and a sedentary lifestyle.

The term has now become part of the vernacular in pre-Columbian anthropological studies. By contrast, the sister terms Aridoamérica and Oasisamérica have not entered widespread usage.


 
   

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