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Friday, May 20, 2022
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oil refinery

Costa Rica could have to pay compensation for failed oil refinery project

RECOPE Legal Affairs Director Mayid Brenes said he hoped the "good faith" agreement between China and Costa Rica would prevent any problems.

Costa Rica cancels $1.2 billion Chinese refinery project

RECOPE President Sara Salazar told reporters that the Chinese-Costa Rican joint-venture cost the Costa Rican government ₡33 billion — more than $61 million — with nothing to show for the effort.

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