Brazil to let mills sell ethanol directly to gas stations

BRASILIA/SAO PAULO (Reuters) – The Brazilian government on Tuesday paved the way for ethanol makers to sell the fuel directly to gas stations, by passing a resolution to boost fuel industry competition, although additional legislation is required to bypass fuel distributors.

The resolution by CNPE, the energy policy council, includes the option for direct sales by mills. Brazil’s Economy Ministry would have to issue tax-related regulation within 180 days for the change to take effect.

 

By Marcela Ayres and Marcelo Teixeira

 

Read full article here

Share This

Chamber Updates Stay connected with Chamber activities