Brazil ethanol blend in gasoline is set to rise to 32%, a move to cut gasoline imports, soften the oil shock and reward its huge sugarcane sector.
BRAZIL · ECONOMY
Key Facts
—What changes. Brazil is set to raise the share of ethanol blended into ordinary gasoline from 30% to 32%.
—When. A decision by the national energy council is expected in the first half of June.
—Why now. Officials want to cut gasoline imports and cushion the blow of higher oil prices.
Ministro de Minas e Energia propõe aumento de mistura de etanol na gasolina de 30% para 32%
Governo vai propor aumento de etanol na gasolina de 30% para 32%
Governo vai propor aumento de etanol na gasolina de 30% para 32%, diz Silveira
Silveira diz que submeterá em 15 dias aumento de etanol na gasolina para decisão de conselho
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