Wednesday 8 June 2011

Mozambique has 31 biofuel investment projects

Maputo, Moçambique, 8 June – Mozambique’s Centre for Agricultural Promotion (Cepagri) since 2007 has registered a total of 31 investment projects in biofuel production, covering an area of 324,000 hectares, according to the news bulletin of the Confederation of Economic Associations of Mozambique (CTA).

The text published in the latest edition of the bulletin did not mention the amount of investment in the registered projects.

In order to make the biofuel development project viable in Mozambique the government approved the Strategic Biofuel Policy in 2009.

On 29 March, the council of ministers approved the Regulation on Biofuel Mixtures, as well as establishing the Inter-ministerial Biofuel Commission, headed up by the ministries for Energy and Agriculture.

These instruments were set up to promote the domestic biofuel market, its supervision and coordination.

The government expects these regulations to establish conditions for the introduction of mixtures of 90 percent gasoline with 10 percent ethanol and 97 percent fossil diesel with 3 percent biodiesel.


Source:  http://www.macauhub.com.mo/en/2011/06/08/mozambique-has-31-biofuel-investment-projects/