28 December 2010 14:58 [Source: ICIS news]
Hamburg-based Mineralolwirtschaftsverband (MWV) said oil firms would still need several weeks because refineries and petrol stations were facing “considerable expenditures” in introducing E10.
The group said it expected E10 to be available “in the course of the first quarter.”
Aral, which operates some 2,400 petrol stations in
Meanwhile, German biofuels industry group VDB said the introduction of E10 should not lead to an increase in gasoline prices.
The increase from currently 5% to 10% ethanol content would not justify oil firms' hiking pump prices as the measure did not require major new investments, said VDB general manager Elmar Baumann.
"Of course, the five oil majors can hike pump prices for E10, but that would only be to make more profit," Baumann added.
Some 90% of all gasoline-powered vehicles on German roads can drive on E10. E10 will be offered in addition to the existing 5% (E5) blends.
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