APAC Consultants projected that Australian biofuels production capacity will double in the next year to 150 million gallons en-route to reaching as much as 250 million gallons by mid-2009.
Australian gasoline consumption is current estimated at 4.8 billion gallons , leaving Australia far short of a 10% biofuels conversion before the end of the decade but in position, with sustained growth, to reach a 10% gasoline conversion by 2012.
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