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Bolivia Pushes for More Ethanol at the Stations

Bolivia, Business News/Analysis, Deliver Dispense, Funding/Financing/Investing, Infrastructure, Marketing/Markets and Sales, Policy
March 14, 2019
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(Petrol Plaza)  Green corridors proposed through incentives that project mass use of biofuels.  —  The National Agency of Hydrocarbons (ANH) has put into effect a resolution that simplifies the technical, legal and administrative requirements for the construction of service stations that sell biofuels.

The initiative is another political and technical decision to further push the use of biofuels in the country. The agency’s executive director, Gary Medrano, told retailers that it constitutes an investment opportunity as the commercialization of Super Ethanol 92 grants higher margins.

The profit of service station owners for gasoline is 0.19 cents per litre, while they can make 0.26 cents on ethanol, according to the agency. The new resolution has set the goal of increasing the marketing of Super Ethanol 92 gasoline from 3 million litres a month to 12.5 million litres. READ MORE

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92 octaneBoliviaethanol pricesethanol pumpsgasoline pricegovernment investmentInvestingmarket forcesmarketingmarkets/salesTransportation Fuels Policy
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