30
RECOPE ANNUAL REPORT 2015
INCREASE IN STORAGE CAPACITY AT
MULTIPLE DISTRIBUTION SITES BY 320
THOUSAND BARRELS
This project consists of the installation of 8 additional
storage tanks in El Alto de Ochomogo, La Garita
and Barranca storage sites. The total cost of the
installation project (broken down in the table below) is
US$35.4 million and will be completed by Isiven.
The amended investment budget at the end of
December 31st, 2015 totaled ¢37,583.32 million
colones, ¢28,581.3 million colones of which were
executed; representing a budget execution of
76.05% of the total budget assigned.
The budget was used on the following projects:
DEVELOPMENT
INCREASE IN STORAGE CAPACITY AT MULTIPLE DISTRIBUTION SITES BY 320 THOUSAND BARRELS.
PROGRESS REPORT, 2015
Source: Department of Corporate Planning
Storage Tanks
(QTY)
Storage
Capacity
Product to be
Stored
Terminal
Stage
Progress Percentage of Delay
Total Cost of
Project
Budget Execution
Percentage
2
25.000 Jet Fuel
Barranca
Construction
97%
6%
$35,4 Million
Own funds: 57%
Financed with
bonds: 98%
Total: 96%
2
35.000 Gaso_PLUS91
El Alto
Construction
96%
2,55%
2
50.000 Gaso_PLUS91
La Garita
Construction
89%
9,9%
10-week extension
approved on account of
delays
2
50.000 Diesel
8
320.000
Commencement of Operations = 2015
INVESTMENTS AND
