19 January 2007 10:35 [Source: ICIS news]
LONDON (ICIS news)--Statoil increased sales of its ethanol fuel in Swedish service stations by 270% in 2006, the Norway-based energy company said on Friday.?xml:namespace>
Svenska Statoil’s stations sold 19.5m litres of its E85 fuel, which contains 85% ethanol and 15% petrol, with 170 sites currently offering the product.
Another 90 outlets were planned for the coming year.
“E85 achieved its breakthrough here in ?xml:namespace>
“Continued expansion during the coming year depends on the price picture for this fuel compared with conventional petrol, and whether even more Swedes buy ‘environmental’ cars,” she added.
Conventional vehicles cannot run on E85, which requires an engine specially designed for flexible-fuel operation.
According to Statoil, 36,711 of these cars were sold in
The government have backed incentives such as lower excise duties, free parking spaces and the waiving of road toll to encourage the use of “flex-fuel” vehicles.
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