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Costa Rica: National Refinery Manager Requests Fuel Price Reduction

LADB Article ID: 068882
Category/Department: General
Date: Wednesday, November 14, 1990
By: Deborah Tyroler

On Nov. 9, Armando Balma, chief executive of the state-run oil refinery (RECOPE), requested that the national electricity company lower domestic fuel prices by 4 to 5%. The electricity company regulates fuel prices. He said that because crude pr...

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