Quang Ngai Offers Biofuel

September 16, 2014

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(Eco-Business) All 150 petrol stations in the central province of Quang Ngai began selling a new, cleaner brand of petrol since the beginning of this week.
Known as E5 Ron 92, it will eventually replace the standard fuel presently on sale throughout the country - Ron 92.
The province is the first to sell the bio-fuel, which is 95 per cent Ron 92 fuel with five per cent of ethanol made from cassava.
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All provinces and cities nationwide will have to switch to the cleaner fuel at the end of next year.
The Prime Minister has assigned the Ministry of Finance to preside and co-operate with the Ministry of Industry and Trade to set up a plan to establish a fund for encouraging bio-fuel development.
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After the plan was released, the Viet Nam National Oil and Gas Group (Petrovietnam) built three ethanol plants in Phu Tho, Quang Ngai and Binh Phuoc, with a total capacity of 300,000 cubic metres a year. READ MORE