Petrobras to export 160 million gallons of ethanol in ‘08; 15 percent to Japan, remainder was US

In Brazil, Petrobras executive Paulo Roberto Costa said that the state oil company will export 160 million gallons of ethanol for 2008. The company said that Japanese exports will total 37 million gallons, with the remainder exported to the US. The company also said in a statement that it expects, by the end of 2008, to become a net oil exporter.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Petrobras commences distribution of E3 ethanol in Japan

In Brazil, the state oil company Petrobras annoucned that it has commenced distribution and marketing of E3 ethanol in Japan, with the launch of E3 in Tokyo by Brazil Japan Ethanol, a joint venture of...

Brazil’s Petrobras to miss ethanol export targets by 88% for 2007

Petrobras, the Brazilian state oil company, admitted yeterday that it expect to miss its 1 billion gallon export target by 88%, exporting 120 million gallons on the spot market to the US, Japan among ...

Petrobras, Mitsui form JV to produce ethanol for Japan, electricity for Brazil

In Brazil, state oil giant Petrobras and Japanese bank Mitsui will form a joint venture to produce ethanol for export to Japan and electricity for the domestic Brazilian market. The company will be ba...

Brazil’s Petrobras sets 1.2 billion gallon ethanol export target for 2012

In Brazil, Petrobras has set an export target of 1.2 billion gallons for 2012, including both first- and second-generation ethanol. The company linked this export target to its plans for an ethanol pi...

Petrobras signs with Mitsui and Camargo Correa to construct Goias-São Paulo ethanol pipeline

In Brazil, Petrobras has formed a joint venture with Mitsui and Camargo Correa to construct an ethanol pipeline connecting Senador Canedo in Goias state, to the Atlantic harbor of Sao Sebastiao, in Sa...

Petrobras CEO says will expand to Japan, aims to be “big player” in global ethanol

In Brazil, Latin Business Chronicle is running an in-depth interview with Petrobras CEO Jose Sergio Gabrielli de Azevedo on the company's biofuels expansion plans. Gabrielli commented on the investmen...