Petrobras sees high biofuel blends keeping Q2 fossil fuel imports flat

May 18, 2015 |

In Brazil, Petrobras expects greater ethanol and biodiesel use to keep Q2 fuel imports flat against the previous quarter at 150,000 b/d of gasoline and about 50,000 b/d of diesel. More biofuel use thanks to recent increases in ethanol and biodiesel mandates should continue to keep control over imports but demand for ethanol remains unclear.

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Category: Fuels

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