Petroecuador signs $95 million ethanol offtake agreement with industry for E5

In Ecuador, state-owned Petroecuador signed a $95 million offtake agreement for anhydrous ethanol from domestic producers Consorcio Artesanal Cado, Producargo S.A., Codana S.A. y Soderal S.A for the commercial roll out of the EcopaĆ­s retail fuel to be marketed in eight provinces. The fuel is a 5% ethanol blend with gasoline launched in 2010 at … Continue reading Petroecuador signs $95 million ethanol offtake agreement with industry for E5