No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveArias Says No to Oil Exploration

Arias Says No to Oil Exploration

President Oscar Arias affirmed Monday his commitment against oil exploration in Costa Rica.

Speaking in front of the Legislative Assembly Monday afternoon to promote a bill regarding rural aqueducts, the president took the opportunity to quell speculation that Costa Rica would open its land and sea up for oil exploration.

“We have to make a colossal effort to replace thermal energy with renewable sources,” Arias told lawmakers. “That is why we have stimulated investment in solar, wind, geothermal and biomass energy, and that is also why we will continue with our commitment to not permit oil exploration in our territory.”

The statement comes after years of speculation regarding Arias’ intentions toward oil exploration in the country.

In 2007, Costa Rica signed an agreement with the Chinese National Oil & Gas Exploration and Development Corporation (CNODC) to expand the state-owned refinery in Moín, north of the Caribbean port city of Limón, an agreement that left the door open for CNODC to explore for oil off Costa Rica’s Caribbean coast (TT, Dec. 14, 2007).

The year before, Arias announced that the Brazilian oil company Petrobras might study the possibility of petroleum exploration off the country’s coasts (TT, June 2, 2006).

Neither proposal moved very far, and Arias said that he never made any final agreement to explore with either group, according to the daily La Republica.

Oil exploration has been on hold in Costa Rica since 2002, when then-president Abel Pacheco issued an executive decree banning oil exploration and certain kinds of mining. Upon taking office in 2006, however, Arias acknowledged to The Tico Times that he intended to ignore the decree, reopening the possibility of oil exploration in Costa Rican waters (TT, Sept. 8, 2006).

–Patrick Fitzgerald

 

Trending Now

Marine Biologist Bitten by Shark in Costa Rica Aims for Reunion

A Mexican marine biologist with decades of experience studying sharks faced a life-threatening encounter in September when a Galapagos shark clamped down on his...

Tennis Star Dimitrov and Actress Gonzalez Costa Rica Getaway

Bulgarian tennis star Grigor Dimitrov and Mexican actress Eiza Gonzalez shared a tender moment under a cascading waterfall in Costa Rica this week, capturing...

Costa Rica’s Route 32 Shutdown Drags On Amid Weather Delays

Drivers on Route 32 face more uncertainty today as the Ministry of Public Works and Transportation (MOPT) holds off on announcing when the key...

Panama Denies US Military Exercises Target Venezuela Amid Tensions

Panama's president says that ongoing US military exercises within the country carry no hostile intent toward Venezuela. The declaration comes amid rising regional tensions...

What I Learned Living Off Grid in Costa Rica as an Expat

I once spent nine months on an off-the-grid farm about an hour south of San Isidro del General. Located near a river and along...

Panama Warns Costa Rica of Whooping Cough Outbreak in Border Region

Panama has alerted Costa Rican health officials to a pertussis (whooping cough) outbreak in the Ngäbe Buglé comarca, sparking concerns over potential spread across...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica