18 August 2012 00:47 [Source: ICIS news]
CAMPINAS, Brazil (ICIS)--Brazil may increase its anhydrous ethanol blend in gasoline to 25% from 20% by 2013, an executive with Petrobras Biocombustivel said.
Miguel Rosseto, president of Petrobras Biocombustivel, said the sugarcane harvest will expand in 2013, which would enable the increase in gasoline.
Rosseto said the Brazilian government needs to confirm the possibility of the increase in order to give time for the sugarcane industry to prepare.
Brazilian petroleum agency ANP said the minister of agriculture can act to change the blend in gasoline.
Mines and Energy minister Edison Lobao in July voiced the idea of increasing the anhydrous ethanol blend to 25% as ethanol production capacity grows.
Lobao said the government could increase the ethanol blend to reduce gasoline imports.
In October last year, Brazilian government reduced the ethanol blend in gasoline from 25% to 20% as the Brazilian market was facing the risk of an ethanol shortage.
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