According To The National Petroleum Agency, Ethanol Only Competes With Gasoline In Minas Gerais, Goiás, And Mato Grosso

Written by Roberta Souza

Published on 30/11/2020 at 19:24

Etanol

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ANP Considers That, To Be Advantageous, Ethanol Should Have a Price Limit of 70% of Petroleum Derivatives at Gas Stations

ANP, the National Agency of Petroleum, Natural Gas and Biofuels, conducted a survey showing that only in the states of Minas Gerais, Goiás, and Mato Grosso does the price of ethanol compete with gasoline. The petroleum derivative is sold on average for 67.31%, 67.37%, and 68.87% of the gasoline price in the respective states.

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To obtain these results, it was considered that ethanol, whether derived from sugarcane or corn, should have a price limit at gas stations of 70% of petroleum derivatives to be considered advantageous.

The state of São Paulo, the largest producer of ethanol in the country, lost its more competitive ethanol position against gasoline last week, and now the parity is 71.19%.

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Among the average prices of the surveyed gas stations in the country, the ratio between the average prices of ethanol and gasoline is 70.55%, which does not favor biofuels.

ANP:

The National Agency of Petroleum, Natural Gas and Biofuels is the federal agency responsible for regulating the petroleum and natural gas industries and biofuels in Brazil. Linked to the Ministry of Mines and Energy, it is a special federal agency that implements national policy for the sector, focusing on ensuring fuel supply and defending consumer interests.

The agency operates “from the well to the gas station”, meaning it regulates over 110,000 companies, in activities ranging from oil and natural gas exploration in Brazil’s sedimentary basins to procedures to ensure the quality of fuels sold to the final consumer.

According To The National Petroleum Agency, Ethanol Only Competes With Gasoline In Minas Gerais, Goiás, And Mato Grosso

ANP Considers That, To Be Advantageous, Ethanol Should Have a Price Limit of 70% of Petroleum Derivatives at Gas Stations

See Other News of the Day:

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ANP:

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According To The National Petroleum Agency, Ethanol Only Competes With Gasoline In Minas Gerais, Goiás, And Mato Grosso

ANP Considers That, To Be Advantageous, Ethanol Should Have a Price Limit of 70% of Petroleum Derivatives at Gas Stations

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Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

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