Recope saves Costa Ricans more than $12.5 million in fuel purchases for 2025

The following is a machine translation of a Recope release

Recope successfully awarded the international tender for the purchase of gasoline, diesel and aviation fuel (Jet A), achieving a significant reduction in contracting costs and thus reaffirming the transparency and effectiveness of the Company in these processes.

On this occasion, savings of more than $12.5 million were obtained between the first and second round of bids, which will allow Costa Rica to have the supply of fuels required between December 2024 and November 2025 purchased at competitive prices.

The process attracted several internationally renowned companies, resulting in the following award:

Company	Product	Amount
Aramco Trading Americas	Diesel	4,250,000 barrels
Aviation fuel (Jet Fuel)	1,150,000 barrels
ExxonMobil Sales and Supply, LLC	Diesel	4,250,000 barrels
Aviation fuel (Jet Fuel)	1,150,000 barrels
Trafigura Pte Ltd	Super Gasoline	4,700,000 barrels
Atlantic Trading & Marketing Inc.	Regular gasoline	4,000,000 barrels

Tendering process

The tender was competitive, with 13 companies participating in the first round. Twelve of them subsequently submitted improvements in a second round. This approach allowed prices to be optimised and the most economical and highest quality offer to be secured.

The total cost of the contract amounts to $1.789 billion, a figure that also represents a reduction of $6.2 million compared to previous contracts. This saving reflects the effective negotiation and careful evaluation of offers, which included quality criteria, associated costs and payment terms.

“ This process not only represents economic savings, but also a strengthening of competition and transparency in our acquisitions ,” said Karla Montero, president of Recope.

With this contract, Recope continues to strengthen its mission of ensuring an efficient and economical supply of fuels for the country, contributing to the energy and financial stability of Costa Rica.