News / National
Zim motorists welcome E-85 trade
18 Jun 2013 at 13:40hrs | Views
The Zimbabwe Energy Regulatory Authority (ZERA) has licensed the trading of E-85 by fuel companies.
Motorists have welcomed the move, saying there is need for a policy framework that compels the trading of ethanol blends.
The green-light for fuel dealers to trade in blend composed of 85 percent ethanol and 15 percent unleaded fuel has seen the price of the commodity going down to US$1,10 a litre.
A survey carried out by the ZBC in Harare indicated that motorists are responding positively to the move by ZERA.
The motorists however said there is need for government to come up with policies that ensure the product is readily available to all parts of the country.
Others believe that the fuel is a strategic blend for the country as the promotion of local products should be government's number one priority for the growth of the local industry.
The move by ZERA has been described as a first step towards the adoption of bio-fuels, considering that the adoption of five percent mandatory blending is taking ages as government and its partners are disagreeing on the implementation of the framework.
Zimbabwe imports around 30 to 40 million litres of petrol monthly, which can be reduced by utilising local ethanol blends.
Motorists have welcomed the move, saying there is need for a policy framework that compels the trading of ethanol blends.
The green-light for fuel dealers to trade in blend composed of 85 percent ethanol and 15 percent unleaded fuel has seen the price of the commodity going down to US$1,10 a litre.
A survey carried out by the ZBC in Harare indicated that motorists are responding positively to the move by ZERA.
The motorists however said there is need for government to come up with policies that ensure the product is readily available to all parts of the country.
Others believe that the fuel is a strategic blend for the country as the promotion of local products should be government's number one priority for the growth of the local industry.
The move by ZERA has been described as a first step towards the adoption of bio-fuels, considering that the adoption of five percent mandatory blending is taking ages as government and its partners are disagreeing on the implementation of the framework.
Zimbabwe imports around 30 to 40 million litres of petrol monthly, which can be reduced by utilising local ethanol blends.
Source - zbc