Brazil plans hike in ethanol mix in gasoline to 32% as Lula flags biodiesel blend rise

 April 30 (Reuters) – Brazil will announce an increase in ​the mandatory ethanol mix ‌in gasoline to 32% from 30% in the coming days, ​President Luiz Inacio Lula ​da Silva said on Thursday, ⁠also noting that the ​biodiesel blend is set ​to be raised to 16% from 15%.

The Energy and Mines Ministry ​had previously said a ​proposal to raise the mandatory ethanol ‌blend ⁠to 32% would be considered at a meeting scheduled for May 7, adding that ​such increase ​would ⁠result in Brazilian self-sufficiency in gasoline production.

However, ​any increase in the ​biodiesel ⁠blend to 16% from 15% would require additional tests, ⁠authorities ​have said previously.

Leave a comment

Blog at WordPress.com.

Up ↑