3:40:46 PM | 18/3/2008
PetroVietnam has proposed the government of Vietnam to give further detail guidelines on biofuel projects, which will allow the state-owned oil monopoly group to produce more renewable energy for the national fast-growing economy.
The government should request the Ministry of Science and Technology issue national common standards for ethanol gasoline, bio-diesel and compulsory environmental norms relating to production, storage, distribution and usage of biofuels, said a PetroVietnam official.
PetroVietnam is now conducting several biofuel projects, including Bio-ethanol Phu My and Bio-ethanol Tay Son, which are slated for operation by 2010 with a combined capacity of 225 million liters per annum.
The company is also implementing an ethanol project in northern Ha Tay province with an annual capacity of 100,000 tons.
The Institute of Oil and Gas will carry out a research on ethanol-blended gasoline in the near future.
By 2015, Vietnam will turn out 250,000 tons of ethanol and vegetable oil to fuel 1 per cent of the national gasoline demand.
(Vietnam Industry)
Vietnamese
