In Zimbabwe, a leading MP has accused the government of taking bribes from the owner of Green Fuel in exchange for protecting the company’s ethanol monopoly in the domestic market. The lack of ethanol supplies has been blamed on a lack of storage capacity but the MP said it was due to keeping cheaper ethanol at 88 cents per liter produced by Triangle out of the market. Green Fuel’s ethanol is selling for $1.10 per liter.
Category: Fuels