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Update news E5 petrol
VietNamNet Bridge - Four out of seven biofuel plants have been found using Chinese technology, while three others using technology imported from China and other countries such as the US, Denmark and India.
The Ministry of Finance (MOF) is planning to raise the tariff on cassava and ethanol exports in an effort to retain materials for domestic biofuel production. Cassava and ethanol bear an export tariff of zero percent.
VietNamNet Bridge – The ethanol plants of Vietnam Oil and Gas Group (PVN) are facing numerous difficulties due to slow consumption of the bio-petrol E5 at home and poor ethanol export prices.