Biological fuel fails to attract consumers

Biological E5 ethanol, produced by Viet Nam National Oil and Gas Group, officially went on sale on Sunday, but the environmentally friendly fuel has yet to be embraced by motorists.

The fuel; a mixture of 95 per cent A92 petrol and 5 per cent bio-ethanol produced from cassava, tobacco and sugar cane; is now available at 20 filling stations in Ha Noi, HCM City, southern Ba Ria-Vung Tau Province and northern Hai Phong and Hai Duong provinces.

However, demand is limited.

At Ha Noi-based Thai Thinh filling station, there were typically long queues of drivers waiting for A92 petrol yesterday, August 2, but few callers for E5.

Nguyen Van Duc, a petrol pump attendant, said few motorist wanted E5 petrol, even though it was cheaper than other kinds of fuel.

E5 costs VND15,500 (US$0.8) per litre, while regular A92 costs about VND16,000 ($8.4) per litre.

“Many people do not know about this kind of petrol, while those that are familiar with it are hesitant to change their behaviour and are not sure about quality,” Duc said.

However, he said the number of motorists using E5 had gradually increased partly because it was cheaper but also because it was “cleaner and safer.”

He said motorists should be made fully aware of E5’s benefits.

“I didn’t know that E5 was already on sale,” Tran Hoang Nam, a motorist from Hai Ba Trung District, said.

“I have no idea if the fuel is as good as regular petrol, so I will wait until it becomes more popular,” he said.

Nguyen Xuan Son, director general of Viet Nam Petrol Oil Corporation, said E5 had been thoroughly tested to ensure it was suitable for all vehicles.

E5 petrol was launched as part of the Government’s biofuel development master plan (up to 2015).

E5 petrol will next go on sale at three stations in central Da Nang City, three in central Thua Thien-Hue Province and five in the Cuu Long (Mekong) Delta’s Can Tho City.

It will be sold at more than 4,000 stations by the end of 2012. – Vietnamnet

Tags:

Posted by VBN on Aug 4 2010. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS Gold price

  • Gold price to hit $2000/oz in the near future
  • Gold steady on mounting Italy debt worry
  • Gold for December delivery rose $27.60 to $1,783.70 an ounce
  • Gold prices edged up on Monday after Greece deal on coalition
  • DRD Gold’s shares boosted by talks with Blyvoor
  • Gold fell $4.86 to $1,757.79 an ounce on Friday
  • Bullfrog Gold completed a merger with Standard Gold Corp
  • Gold shares may (finally) begin to lead

RSS Silver prices

  • Silver for delivery in December fell by Rs 960 on Monday
  • Cobar secures A$22m for silver project
  • Silver for delivery in December fell Rs 960 to Rs 56,413 per kg
  • Spot silver and U.S. silver futures prices fell more than 2 pct on Monday
  • Spot silver gained 0.2 percent to $35.29, on course for a rise of 18 percent from a month earlier
  • Despite the increase in price of silver, India sweets still shine
  • Silver prices bounce back 5.1% to $35.05/oz
  • Silver price: silver tsunami from India

Sponsored

  • Looking for an overseas forex broker?
  • Trading Point now offering Forex Malaysia and FX Japan with Forex, CFD's and Futures.

накрутка пф заказать можно ли купить диплом https://diplomix-asx.com/kupit-diplom-sssr купить диплом нового образца купить диплом в ростове-на-дону https://aurus-diploms.com/geography/diplom-v-moskve.html https://gosznac-diplom24.com/kupit-diplom-medicinskogo-uchilishha куплю диплом https://premialnie-diplom24.com/купить-диплом-с-занесением-в-реестр/ купить аттестат школы https://lands-diplomix.com/attestat-9-klassov.html https://frees-diplom.com/otzyvy-klientov https://diploman-dok.com/kupit-diplom-omsk купить диплом ссср https://radiplomy.com/kupit-diplom-onlajn