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Costa Rica Refining and Products Market Outlook to 2025 - Supply, Demand Forecasts of Gasoline, Diesel/Gasoil,Jet/Kerosene, LPG and fuel oil, new refinery projects,Competition and Investments

Costa Rica Refining and Products Market Outlook to 2025 - Supply, Demand Forecasts of Gasoline, Diesel/Gasoil,Jet/Kerosene, LPG and fuel oil, new refinery projects,Competition and Investments

This widely renown study on Costa Rica refining industry (2016) focuses on the emergence of gasoline, diesel, fuel oil and LPG supply/demand balances in near to long term future. As lower crude prices continue to cause delays and cancellations of refinery projects worldwide, the research work analyzes the progress of refining projects, investment environment, plant closures, margins and pricing trends in Costa Rica.

With refiners worldwide focusing on expanding capacities in demand centers, the report evaluates the drivers and challenges of operating and investing in Costa Rica refining industry. The report observes that the Costa Rica refining capacity (CDU) is expected to remain unchanged at 60 Kb/d.

Refinadora Costarricense de Petróleo (Recope) dominates the refining industry in Costa Rica, with the highest market share in the country.

The Costa Rica refining report provides refinery wise CDU, coking, FCC and Hydrocracking capacity outlook along with details of all operational and planned refineries including location, startup, current status, companies and capex details.

Crude oil demand from refineries and production from fields are forecast to 2025 along with gasoline, diesel, fuel oil and LPG annually to 2025. Importance of each of the petroleum products along with current consumption mix, major consuming sectors for each product are provided. Companies in Costa Rica continue to target increased production of middle and light distillates amidst low crude prices.

The report also reviews emergence of refining capacity amidst current framework of estimated refining margins and products prices. Further, business profiles of three leading refiners along with their SWOT, Financial and business description are included. In addition, all latest news and industry developments are analyzed in the research work.

  • Forecasts of Supply and Demand for Crude Oil, Gasoline, LPG, Diesel and Fuel Oil annually from 2005 to 2025
  • Refinery wise primary refining capacity (CDU) from 2005 to 2020
  • Refinery wise secondary unit capacities (Coking, FCC and Hydrocracking) from 2005 to 2020
  • Competitive Landscape details including market shares of leading companies and their net weighted capacities
  • Refining complexity details including hydroskimming, topping, coking and cracking types are provided for planned and operational refineries.
  • Nelson Complexity Index (NCI) is identified for Costa Rica refining industry
  • Details of all planned projects including greenfield refineries and refinery expansions
  • Potential drivers and challenges for national and foreign companies to 2020
  • Refinery details including location, operator, owners, start up, complexity, investment, construction, current status
  • Business Profiles of leading Costa Rica refiners
  • oil and gas news, deals and events in Costa Rica refining sector


1 Table of Contents
1.1 List of Tables
1.2 List of Figures .
2 Costa Rica Refining Markets Overview .
2.1 Market Snapshot, 2015
2.2 Review of Refining Operations in 2015 .
2.3 Installed Crude Refining Capacity Outlook to 2020 .
2.4 Secondary Unit Capacities Outlook to 2020.
2.5 Product Consumption Mix .
2.6 Costa Rica Capital Investment Outlook to 2020 .
3 Costa Rica Refining Industry Insights and Strategic Analysis
3.1 Market Positioning in South and Central America Refining Landscape .
3.2 Future Trends in Costa Rica Refinery Market
3.2.1 RECOPE Decision to End Refinery JV with CNPC Likely to Offer Opportunities for
New Players
3.2.2 Renewable Energy Poses Tough Challenges for Growth of Refining Market in Costa
Rica
3.2.3 Products Imports Continues to Grow at 1.6% during the Last Decade
3.3 Market Drivers and Their Long Term Implications
3.3.1 Proximity to the US market Could Encourage Imports .
3.3.2 Transportation Sector to Drive Gasoline Demand in Short Term Future .
3.3.3 Well Established State-owned company Ensures Smooth Flow of Operations
3.3.4 Manufacturing and Tourism Industries Drive LPG demand
3.4 Critical Issues Facing Refiners
3.4.1 Complete Dependence on Imports
3.4.2 Financial Situation of Recope Challenges its Business Operations .
4 Business Development Opportunities in Costa Rica Refining Sector .
4.1 Planned Refinery Projects
4.2 Expansion Refinery Projects
5 Costa Rica Products Mid and Long Term Supply Outlook to 2025
6 Costa Rica Products Mid and Long Term Demand Outlook to 2025
6.1 Gasoline Demand Forecast in Costa Rica (Annual), 2005- 2025
6.2 Diesel Demand Forecast in Costa Rica (Annual), 2005- 2025
6.3 Kerosene/Jet Fuel Consumption Forecast in Costa Rica (Annual), 2005- 2025
6.4 LPG Demand Forecast in Costa Rica (Annual), 2005- 2025
7 Costa Rica Operational and Planned Refining Project Details
7.1 Costa Rica Refinery Details- Start Up .
7.2 Costa Rica Refinery Details- Current Status
7.3 Costa Rica Refinery Details- Location .
7.4 Costa Rica Refinery Details- Operator .
7.5 Costa Rica Refinery Details- Owners
7.6 Costa Rica Refinery Details- Primary and Secondary Capacities .
8 Costa Rica Refining Capacity Outlook by Refinery .
8.1 Plant-by-Plant Installed CDU Capacity Forecasts, 2005- 2020.
8.2 Plant-by-Plant Reformer Capacity Forecasts, 2005- 2020
8.3 Plant-by-Plant Hydrotreating Capacity Forecasts, 2005- 2020 .
9 Costa Rica Refining Competitive Landscape .
9.1 Market Structure
9.2 Company wise Net Weighted CDU Capacity, 2005- 2020 .
9.3 Company wise Net Weighted Reformer Capacity, 2005- 2020
9.4 Company wise Net Weighted Hydrotreating Capacity, 2005- 2020
10 Business Profiles of Leading Refiners .
10.1 RECOPE .
10.1.1 Overview .
10.1.2 Business Operations .
10.1.3 SWOT Analysis .
10.1.4 Contact Information .
10.1.5 Financial Analysis .
10.2 CNPC
10.2.1 Key Information
10.2.2 Global Locations
10.2.3 Business Operations .
10.2.4 SWOT Analysis .
10.2.5 Contact Information .
10.2.6 Financial Analysis .
10.3 Valero Energy Corporation
10.3.1 Overview .
10.3.2 Key Subsidiaries
10.3.3 Business Operation Structure .
10.3.4 SWOT Analysis .
10.3.5 Contact Information .
10.3.6 Key Financial Information .
11 Costa Rica Refining Industry- Market Monitor
11.1 Latest Market Developments .
11.1.1 RECOPE Loses Money – February 2016 .
11.1.2 Oil and Diesel Will Keep Subsidizing Gas – January 2016.
11.1.3 Reduction in Diesel and Gasoline Prices May Result Hike up to 72% on Industrial
Fuels – December 2015 .
11.1.4 Fuel prices in Costa Rica to remain stable through 2016- December 2015
11.1.5 Costa Rica's oil refinery wants to increase fuel prices again – May 2015
11.1.6 Costa Rica powered 100% by renewable for first 75 days of 2015 – March 2015 .
11.2 Project Announcements and Construction
11.2.1 China calls for talks after Costa Rica abandons project – April 2016
12 Appendix
12.1 Abbreviations
12.2 Sources and Methodology .
12.3 Contact Information
12.4 Disclaimer . 61
Table 1: Costa Rica Refinery Industry Statistics, 2015 7
Table 2: Costa Rica Crude Refining Capacity Forecast, 2005- 2020 10
Table 3: Costa Rica Secondary Unit Capacities Forecast, 2005- 2020 11
Table 4: Costa Rica Products Production Details, Kb/d, 2000- 2010 18
Table 5: Costa Rica Gasoline Demand Forecast, Kb/d, 2005- 2025 19
Table 6: Costa Rica Diesel Oil Demand Forecast, Kb/d, 2005- 2025 21
Table 7: Costa Rica Kerosene/Jet Fuel Consumption Forecast, Kb/d, 2005- 2025 23
Table 8: Costa Rica LPG Demand Forecast, Kb/d, 2005- 2025 25
Table 9: Costa Rica Refineries- Start Up Details 27
Table 10: Costa Rica Refineries- Current Status Details 27
Table 11: Costa Rica Refineries- Location Details 27
Table 12: Costa Rica Refineries- Operator Details 28
Table 13: Costa Rica Refineries- Owners Details 28
Table 14: Costa Rica Refineries- Primary and Secondary Capacities Details 28
Table 15: Refinery wise CDU Capacity Outlook in Costa Rica, Kb/d, 2005-2020 29
Table 16: Refinery wise Reformer Capacity Outlook in Costa Rica, Kb/d, 2005-2020 29
Table 17: Refinery wise Hydrotreating Capacity Outlook in Costa Rica, Kb/d, 2005-2020 29
Table 18: Costa Rica Net Weighted CDU Capacity by Major Company, 2005- 2020 31
Table 19: Costa Rica Net Weighted Reformer Capacity by Major Company, 2005- 2020 31
Table 20: Costa Rica Net Weighted Hydrotreating Capacity by Major Company, 2005- 2020 31
Table 21: RECOPE- Top Level Information 32
Table 22: RECOPE Pipelines Network Information 34
Table 23: RECOPE- Financial Analysis, FY2014-FY2015 36
Table 24: China National Petroleum Corporation- Top Level Information 37
Table 25: CNPC- Financial Highlights, 2012-2014 44
Table 26: Valero Energy Corporation - Top Level Information 46
Table 27: Valero Energy Corporation- Key Subsidiaries 47
Table 28: Valero Energy Corporation –Key Financial Information 2014-2015 52

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