Sunday, March 28, 2010

B5 MANDATE BY 2011

  • B5 - Diesel blended with Palm Methyl Ester.
  • B5 = 5% Methyl Ester + 95% Regular Diesel.
  • Will take up 500,000 tonnes of the country's total annual CPO production.
  • Government will spend RM 43.1 million for developing 6 petroleum depots with blending facilities.
  • Current petroleum diesel retails at RM 1.70 a litre. Blending will cause price increase between 2 to 6 cents a litre.
  • Malaysia has approved 56 licenses for biofuel production with capacity 6.8 million tonnes.
  • Last year 227,457 tonnes palm-based biofuel have been exported with value at RM 606 million.
Source - MY Palm Oil.

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