Government intends to introduce a mandatory 3%-tion of ethanol additive to gasoline in order to ensure the Ukrainian producers of alternative domestic energy markets.
Parliament registered a bill on compulsory use of ethanol and biodiesel in gasoline and diesel fuel (although the text of the document has not been published on the website of the Verkhovna Rada). The bill introduced on behalf of MPs from the BYuT and the deputy head of the Committee on Agrarian Policy and Land Relations Stepan Glusya. But, according to the EI, legislative initiatives have been developed by Ministry of Agrarian Policy. Above the text worked by government experts, but to avoid criticism and accusations of lobby, it was decided to send the bill to parliament through the deputies, - says one member of parliament fuel committee and an ally of Mr. Glusya of faction, who asked not to be identified themselves.
The Ministry clarified that, according to the text of the bill, proposed to introduce a mandatory 3% additive-tion of ethanol in motor gasoline since January 1, 2010 European Union directives stipulated share of biofuels in petroleum products at the level of 5,75-6%. But we proceeded from the potential volume of bioethanol production in Ukraine , - said the representative of the Energy Division, Ministry of Agrarian Policy.
According to him, in the next year to start production of fuel additives is planning to plant in Zolotonosha (Cherkasy region). in the amount of 100 thousand tons per year. About 11 Ukrainian distilleries could provide the market with 130 tons in total it can predict the production of 230 thousand tons of ethanol, which, with an annual consumption of gasoline in Ukraine just gives us the size of the additive in the 3%, - states interlocutor i Stressing that the adoption of this bill will improve the ecological situation in the country and will encourage the development of biofuel market in general.
desire to adopt the European approach of supporting market participants: 3% - this is too little for a full load capacity of our factories. But this creates a platform for industry development, which requires the internal market, - said the head of state concern Ukrspirt Peter Boyko. According to him, the lack of domestic consumption of ethanol inhibits private investment in Ukrainian refineries, which now can only rely on the export of their products.
However, most experts estimate the chances of the bill discreetly collect the necessary number of votes in the Rada, even with government support. While agree that in May, contrary to expectations of market participants, the parliament still voted for the law On stimulating the production of biological fuels.
recall this document is permitted to produce biofuels entrepreneurs, but also provides a number of tax benefits, such as a zero excise duty on biofuel production, exemption from import duty and VAT on import transaction technology and equipment to January 1, 2019 exemption from taxation of profit for the period of 10 years from 1 January 2010 This was only the first step, but without the second, which is a registered bill, it does not have the desired weight. Only together they will make ethanol production a promising business in Ukraine, — sure Boyko.
According to market observers, the legislative initiatives of the government is unlikely to involve a concern for the environment or energy independence include: Extend a similar bill before the election, breaking the powerful oil lobby, it will be possible only in one case - if such initiatives are someone specific business interests , - considers the director of alternative fuel Vitaly Daviy.
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Drivers hoisted on alcohol
Government intends to introduce a mandatory 3%-tion of ethanol additive to gasoline in order to ensure the Ukrainian producers of alternative domestic energy markets.
Parliament registered a bill on compulsory use of ethanol and biodiesel in gasoline and diesel fuel (although the text of the document has not been published on the website of the Verkhovna Rada). The bill introduced on behalf of MPs from the BYuT and the deputy head of the Committee on Agrarian Policy and Land Relations Stepan Glusya. But, according to the EI, legislative initiatives have been developed by Ministry of Agrarian Policy. Above the text worked by government experts, but to avoid criticism and accusations of lobby, it was decided to send the bill to parliament through the deputies, - says one member of parliament fuel committee and an ally of Mr. Glusya of faction, who asked not to be identified themselves.
The Ministry clarified that, according to the text of the bill, proposed to introduce a mandatory 3% additive-tion of ethanol in motor gasoline since January 1, 2010 European Union directives stipulated share of biofuels in petroleum products at the level of 5,75-6%. But we proceeded from the potential volume of bioethanol production in Ukraine , - said the representative of the Energy Division, Ministry of Agrarian Policy.
According to him, in the next year to start production of fuel additives is planning to plant in Zolotonosha (Cherkasy region). in the amount of 100 thousand tons per year. About 11 Ukrainian distilleries could provide the market with 130 tons in total it can predict the production of 230 thousand tons of ethanol, which, with an annual consumption of gasoline in Ukraine just gives us the size of the additive in the 3%, - states interlocutor i Stressing that the adoption of this bill will improve the ecological situation in the country and will encourage the development of biofuel market in general.
desire to adopt the European approach of supporting market participants: 3% - this is too little for a full load capacity of our factories. But this creates a platform for industry development, which requires the internal market, - said the head of state concern Ukrspirt Peter Boyko. According to him, the lack of domestic consumption of ethanol inhibits private investment in Ukrainian refineries, which now can only rely on the export of their products.
However, most experts estimate the chances of the bill discreetly collect the necessary number of votes in the Rada, even with government support. While agree that in May, contrary to expectations of market participants, the parliament still voted for the law On stimulating the production of biological fuels.
recall this document is permitted to produce biofuels entrepreneurs, but also provides a number of tax benefits, such as a zero excise duty on biofuel production, exemption from import duty and VAT on import transaction technology and equipment to January 1, 2019 exemption from taxation of profit for the period of 10 years from 1 January 2010 This was only the first step, but without the second, which is a registered bill, it does not have the desired weight. Only together they will make ethanol production a promising business in Ukraine, — sure Boyko.
According to market observers, the legislative initiatives of the government is unlikely to involve a concern for the environment or energy independence include: Extend a similar bill before the election, breaking the powerful oil lobby, it will be possible only in one case - if such initiatives are someone specific business interests , - considers the director of alternative fuel Vitaly Daviy.
Review of the precious metals market for 15.10.09
Index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) fell 37.03 points
Investment Fund in Europe will suffer billions in losses in the case of adoption of new rules to govern
Rate for the dollar fell - the evening review of cash markets
Ministry of Finance informed the leadership of the IMF Mission on the impossibility of reducing the size of social spending
Bank: Reserves of Ukraine will be enough to keep the stability of the situation at a delay of IMF tranche
If you fall in Russia's market will stop at current levels, we can expect the beginning of the birth of a new wave of growth
Debt enterprises CTV for the natural gas from October 1, 2008 exceeds 2.67 billion UAH
NBU prolonged Pibu refinance at 2.3 billion UAH