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Ministry of Economy and Finance

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Home PAE 10

International oil companies express interest in biofuels

August 15, 2022
Measure PAE 10
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Petrolíferas internacionais manifestam interesse nos biocombustíveis
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The Ministry of Economy and Finance received a visit from representatives of international oil companies interested in the opportunities created by the obligation to mix imported fuels with biofuels.

The implementation of the measure will imply greater investments in the agricultural area to generate raw materials, as well as in the industrial sector, where it will be necessary to build and operate plants for mixing fuels, in addition to other logistical structures of a distribution nature.

Companies expressed interest after the measure was disseminated, as a result of the announcement of the reform package, and they have strong credentials in terms of their experience in other markets.

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