Brazil's ANP to expand regulation of ethanol sector
Source : platts.com
Brazil's petroleum agency ANP said late Friday it had set up a special working group to modify and expand the regulation of the country's ethanol sector. ANP is the main regulator for the oil, natural gas and biofuel industry in Brazil. A decree published in Brazil's official Gazette on April 29 transferred to the ANP the control over the entire ethanol production and supply chain. The measure follows president's Dilma Rousseff mandate announced earlier this year to enhance the government's oversight of the industry to prevent a shortage of ethanol at the pump. For the second consecutive year, Brazil had been forced to import large volumes of ethanol and gasoline to meet burgeoning demand for road transport fuel.
