In order to adjust to new rules coming into effect in 2015 to improve services to consumers, gas stations will have to invest about $30 million.

Since in Costa Rica fuel prices are set administratively, business operators must focus on delivering better complementary automotive services and convenience stores.

In an article on Nacion.com, José Miguel Masís, executive director of the Fuel Business Chamber, which brings together 234 branches in the country, said that “in the next four years alone 150 gas stations will all together invest around $30 million for the replacement of storage tanks and supply lines.”

This is in accordance with national legislation which states that, before 2015, the pumps must be renewed with such systems, so as to avoid environmental and safety problems.

Masís explained that “each of the stations must spend an average of $200,000 for these upgrades, which could take up to two or three months to complete.”

Source: Nacion.com