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Mozambique: Mixing fossil fuels with biofuels obligatory as of 2012
Source : macauhub.com.mo
Mixing fossil fuels with biofuels will be obligatory in Mozambique as of 2012, and the government expects the measure to reduce the cost of importing oil derivatives, specifically gasoline and diesel, Mozambican newspaper Notícias reported. The regulation recently approved by the government sets a mixture of 10% ethanol with 90% gasoline and 3% biodiesel with 97% diesel. These percentages were based on installed capacity for production of these fuels in Mozambique, according to the Energy minister, Salvador Namburete. With this measure the government expects in 2012 to save around US$22 million on its fossil fuel import bill that is currently estimated at US$500 million per year. In less than a year the price of oil has risen from just over US$90 to US$120 and currently stands at around US$114 per barrel.
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22 June 2011 |
Legislation ::
Biofuels ::
Africa
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Articles regarding Africa (61 articles)
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