Nigerian sugar council wants E10 to buffer from global oil demand shifts

In Nigeria, the National Sugar Development Council wants the country to develop an E10 blending mandate in line with China’s in an effort to boost the agricultural economy and reduce dependence on its oil imports. The government has voiced concerns about China’s shift to E10, which will have an impact on demand for oil imports from Nigeria. That, combined with European countries looking to shift towards all-electric vehicle fleets in the next few decades, has the country nervous. The NSDC believes producing ethanol domestically for blending will help to offset those future demand shifts.