India to import ethanol and biodiesel from Brazil

In India, Bharat Petroleum signed with Brazilian giant Petrobras to bring import biodiesel and ethanol. There has been extensive discussion in the Indian press of the current production capability of Indian producers as Indian contemplates moving from an E5 to E10 mandate. Indian officials have admitted falling well short in procurement of the ethanol needed to meet the E5 mandate, while local producers and buyers have said they see no trouble in producing supplies to meet E10 if it is imposed. Meanwhile, Brazil has been urgently seeking new ethanol export markets after falling more than 80% short of its 2007 export targets in the wake of collapsed Nigerian and Venezuelan deals.

India has been placing increased emphasis on biodiesel production, especially focused on the prospects for jatropha biodiesel.

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