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Costa Rica updates fuel prices

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Published on Tuesday, January 21, 2025

By the A.M. Costa Rica staff

The Public Services Regulatory Authority (Aresep) has approved new gasoline prices.

The updated prices requested by the Costa Rica Oil Company (Recope) represent the costs incurred in international market prices between November 8 and December 12, 2024, when the country was negotiating fuel import agreements.

The updated prices will be as follows:

The price of super-branded gasoline (RON 95) has been reduced from ₡669 to ₡666 colones per liter, equivalent to approximately $1.33 per liter (p/l).

Regular gasoline (RON 91), also known as Plus 91, has dropped from ₡660 to ₡648 colones per liter, costing about $1.29 p/l.

Diesel prices have increased slightly, rising from ₡556 to ₡560 colones per liter, which is approximately $1.12 p/l.

Liquefied petroleum gas (LPG), commonly used for heating, cooking, and vehicles, has seen a decrease in cost. The price for a 25-pound gas cylinder has been lowered from ₡7,379 to ₡7,271 colones, roughly $14.54 per unit.

The new prices will be effective this week after being published in the official government bulletin La Gaceta.

The Public Services Regulatory Authority (Aresep) is the State-owned agency in charge of setting the price of public services and products.

The Costa Rica Oil Company (Recope) is the State-owned company in charge of importing, distributing and selling fuels in the country.

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