- Press Releases
(SeeNews) - Jan 31, 2013 - The Brazilian government will lift the percentage of anhydrous ethanol mixed with petrol (gasoline) back to 25%, from the current 20% as of May 1, the country's energy minster Edison Lobao announced yesterday.
The measure will be adopted in order to mitigate the impact of the recently introduced readjustment of local wholesale petrol (gasoline) prices by 6.6% on the rates charged by end clients and on Brazil's inflation.
Lobao affirmed that ethanol output would be sufficient to meet the boosted demand expected to result from the move.
It is worth reminding that amid the uncertainties related to the 2012/2013 sugar cane harvest and the high ethanol prices that affected petrol value, anhydrous ethanol content in petrol was trimmed to 20% from the previous 25% as of October 1, 2011.