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Article: AGREEMENTS TO PURCHASE 65 MILLION LITERS OF BIODIESEL PER YEAR
- Article from:
- Renewable Fuel News
- Article date:
- April 17, 2006
- Author:
CopyrightCopyright Hart Energy Publishing, LP Apr 17, 2006. Provided by ProQuest LLC. (Hide copyright information)
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Petrobras announced late last month it signed agreements with four companies to purchase 65.3 million liters (17.3 million gallons) per year of biodiesel at a cost of R$50 million (U.S.$23.4 million).
The agreements are the first step the company has taken to comply with Brazil's 2% biodiesel mandate that begins in 2008.
Of the 65 million liters ...
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