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Costa Rica: On Spending For Oil Imports

LADB Article ID: 070028
Category/Department: General
Date: Wednesday, August 8, 1990
By: Deborah Tyroler

On Aug. 3, Armando Balma, director of Costa Rica's oil refinery, told reporters that with each dollar increase in oil prices, Costa Rica spends $10 million more per year on oil imports. Recent price hikes, from an average $12.15 per barrel in Ju...

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