Brazil Petrobras unveils plan for ethanol pipeline

20 March 2008 01:51  [Source: ICIS news]

HOUSTON (ICIS news)--Brazilian oil company Petrobras on Wednesday unveiled details of an agreement to build an ethanol pipeline between the western state of Mato Grosso do Sul and the port of Paranagua in Parana state.

 

The company said the pipeline, which could be operational by 2011, would help improve logistics to meet growing demand for exports of biofuel.

 

Petrobras plans to form a partnership with the governments of Parana and Mato Grosso do Sul in the project.

 

The company said it would complete a preliminary feasibility report for the project within 90 days, but did not disclose any financial details.

 

Brazil is the world’s second-largest producer of ethanol, and the leading exporter of biofuel.

 

For more on ethanol visit ICIS chemical intelligence


By: William Lemos
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