Chang said he's been waiting for the past seven months for the state-owned oil refinery to sign off on the final stage of a jointly-developed hydrogen fuel project. In early March, he threw in the towel.
News of the agreement came as Costa Rican and Chinese officials reached consensus Friday on how to move forward with the $1.5 billion project after the Comptroller General’s Office canceled the previous project over a conflict of interest in 2013.
The Public Services Regulatory Authority approved the fifth decrease in fuel prices of the year, sending the order Monday for publication in the official newspaper La Gaceta.
The National Oil Refinery (RECOPE) on Friday evening requested a new decrease in the per-liter prices of fuel that ranges from ₡29-₡68. It could take effect next month.
RECOPE will ask the Public Services Regulatory Agency (ARESEP) for a ₡16 decrease in the per-liter price of "Super" gasoline, a ₡17 decrease for "Plus," and a ₡21 decrease for diesel.
A change in the dollar exchange rate has prompted the Public Services Regulatory Authority to approve a decrease in per-liter prices of Costa Rican fuel. But don't celebrate just yet – fuel prices are going back up next month.
