The Costa Rican Petroleum Refinery (Recope) will increase by 320,000 barrels of fuel storage capacity in several of its campuses.

That means a 10% increase in building oil tanks, for Recope currently holds 3.3 million barrels.

To run the project, the refiner starts, later this month, a contract worth $ 36 million, it is hoped, will be awarded before year's end.

The work includes construction of eight tanks at three plants in the refinery.  The idea is to expand the network of tanks to improve the capacity of finished product distribution centers and storage.

The investment announcement comes as Recope the international oil price is at $ 107.19 a barrel.

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The construction of the hydroelectric plant in Chucas, Alajuela, located in Athens, began construction on the river Tárcoles and have an installed capacity of 50 MW.

The project is developed by the Italian company Enel Green Power, those who sell electricity to the Instituto Costarricense de Electricidad (ICE), as required by law.

Enel expects to complete the plant in mid 2013. This will increase the installed capacity of the company in Costa Rica to 105 MW, the company said in a statement .

This is the third largest hydroelectric project that develops in the country. The company has Don Pedro plant (14 MW), located in San Miguel de Sarapiqui and started operations in November 1996.  It also has the Volcán River project (17 MW), located in San Miguel de Sarapiqui and started operations in December 1997.

It also has a wind farm wind mills Arenal, SA, located in Tierras Morenas in Tilarán, in operation since September 1999. It has an installed capacity of 24 MW and 32 turbines.

The company has a 24 MW wind plant in Costa Rica and made ​​three more in Brazil, with a total installed capacity of 90 MW.

Enel Green Power operates in Central and South America through its subsidiary Enel Green Power Latin America, which operates 33 plants using renewable resources in Mexico, Costa Rica, Guatemala, Nicaragua, Panama, El Salvador, Chile and Brazil, with a total of 669 MW of installed capacity.

The electric cars will pay no sales tax, to succeed a bill that the Government convened the 1. St March. The call was published in La Gaceta on Wednesday.

This is the record number 17,692, which now enters the Financial Affairs Committee of the Legislative Assembly for consideration and analysis.

If successful, the project would go to the plenary for discussion, where you can also receive motions. Once this process the project requires two votes. In any case, this initiative is behind the tax reform plan for analysis and discussion.

Paradoxically, the reform bill promoted by the Government would tax cars using clean energy such as hybrid and electric.

As reported in the Ministry of Finance, the project would rate these vehicles with a 10% excise tax. . Today, these cars do not pay that tax, even if they cancel their sales (13%).