Senin, September 3, 2018

Government to Expand Utilization of B-20 Fuel

In a bid to decrease the national deficit and imports of fuel, the government has pledged to expand and optimize the use of Biodiesel 20% (“B-20”) fuel from 1 September 2018. This expansion of B-20 fuel usage is projected to save the government around USD 2 billion over the course of the final four months of 2018, which should, in turn, have a positive impact upon the national economy.
The use of B-20 began in January 2016 but only to fulfill the Public Service Obligation (“PSO”) within the power plant sector. B-20 will now be expanded to the following sectors: 1) Non-PSO transportation means; 2) Manufacturing; 3) Mining; and 4) Electricity.
The manufacture of B-20 involves the mixing of diesel fuel and Fatty Acid Methyl Esters (FAME) which are procured by fuel and biodiesel producers respectively. The government is also aiming to guarantee the safety of B-20 fuel by ensuring that said fuel is processed to government-mandated standards.
With these goals in mind, the government is currently preparing a technical regulation which will address the obligation of transportation businesses to utilize B-20 fuel. (ANT)

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In a bid to decrease the national deficit and imports of fuel, the government has pledged to expand and optimize the use of Biodiesel 20% (“B-20”) fuel from 1 September 2018. This expansion of B-20 fuel usage is projected to save the government around USD 2 billion over the course of the final four months of 2018, which should, in turn, have a positive impact upon the national economy.
The use of B-20 began in January 2016 but only to fulfill the Public Service Obligation (“PSO”) within the power plant sector. B-20 will now be expanded to the following sectors: 1) Non-PSO transportation means; 2) Manufacturing; 3) Mining; and 4) Electricity.
The manufacture of B-20 involves the mixing of diesel fuel and Fatty Acid Methyl Esters (FAME) which are procured by fuel and biodiesel producers respectively. The government is also aiming to guarantee the safety of B-20 fuel by ensuring that said fuel is processed to government-mandated standards.
With these goals in mind, the government is currently preparing a technical regulation which will address the obligation of transportation businesses to utilize B-20 fuel. (ANT)

......