Petrobras Wants to Increase Ethanol in Gasoline, Estado Says

Bloomberg News
By Peter Millard on June 23, 2012 Tweet

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil company, wants to increase the amount of ethanol used in gasoline to 25 percent, the head of the company’s biofuels unit said yesterday, according to O Estado de S. Paulo.

The increase in ethanol content from the current 20 percent will help ease fuel imports, Estado quoted Miguel Rossetto as saying.

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