Ukraine asks EU to increase bioethanol export quotas by volume of its consumption in imported gasoline
Ukraine is proposing that the European Union increase the existing duty-free export quota for Ukrainian bioethanol of 125,000 tonnes per year to account for the volume of bioethanol that Ukraine imports from the EU as a component of motor gasoline, Minister of Agrarian Policy and Food Taras Vysotsky told journalists.
Ukraine is requesting the European Union to raise the duty-free export quota for Ukrainian bioethanol to match the amount of bioethanol the country imports as part of its motor gasoline, according to Minister of Agrarian Policy and Food Taras Vysotsky. Vysotsky explained that Ukraine currently imports around 10,000 tonnes of bioethanol monthly for blending into gasoline. This proposal is intended to be in effect until martial law conditions allow Ukraine to blend gasoline with bioethanol domestically.
The mandatory requirement for a minimum 7% bioethanol content in A-92 and A-95 motor gasoline in Ukraine began on July 1 of this year. The initial export quota of 125,000 tonnes per year was established last year when gasoline imports did not contain bioethanol. Vysotsky noted that the quota could be flexible, with additional quota allocated based on the amount of bioethanol contained in imported gasoline.
For instance, if 5,000 tonnes of bioethanol are imported in a given month, an additional 5,000 tonnes of the export quota would be made available. Conversely, if 15,000 tonnes of bioethanol are imported in another month, 15,000 tonnes would be added to the quota. Vysotsky estimated that this flexibility could result in an additional 120,000 tonnes of bioethanol being exported over the course of a year.
The Minister of Agrarian Policy believed that Ukraine's proposal has a high likelihood of being accepted and implemented by European partners.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
