10 October 2015
New Zimbabwe Header
Zanu PF kicked out of office over unpaid rent
Ex-Daily News staffers claim sex abuse
US road crash: Ncube’s son, 12, dies
Biti: Zanu PF against Karanga Mnangagwa
After Grace blast, VP muted for Ndebele
Kids die in stampede for Grace freebies?
Parly constituency offices shut down
Moz: Renamo leader under house arrest
Zesa says in talks to import power
Interfin: $17m out of $167m recovered
Govt to licence and tax shebeens, Mzembi
Belarussian writer wins Nobel prize
Kariba braced for Caps challenge
Zim beat Ireland by two wickets
Do Zimbabweans really trust Mugabe?
Mawere: Charamba’s Justice Sandura attack
Chamisa’s tribute to Thamsanga Mahlangu
Ncube: ICT should be compulsory in schools
Zimbabwe to force fuel blending: Mangoma
14/02/2013 00:00:00
by Staff Reporter I AFP
Fuel blending u-turn ... Elton Mangoma
Mujuru orders ethanol plant to re-open
Ministers approve ethanol blending
MPs push ethanol plant deal
Cabinet failings over Essar, Green Fuel
Ethanol plant to sack 4,500 workers
Green Fuel transforms local market

ZIMBABWE has passed new rules forcing fuel wholesalers to blend petrol with locally-produced ethanol in order to cut the country's fuel import bill, the energy minister said Thursday.

“We will make sure it's done,” Energy and Power Development Minister Elton Mangoma told AFP.

“We are going towards a green economy and we are talking of biofuel. This is to save the country and the planet, while at the same time we are creating our own industry.”

No operator will be allowed to sell unleaded petrol unless it has been blended with a minimum of five percent locally-produced ethanol, said the government notice seen by AFP on Thursday.

The move will come as a huge relief to Green Fuel, the US$600 million ethanol project at Chisumbanje which had teetered on the brink of collapse after failing to win government endorsement for mandatory blending.

Mangoma said the move was also expected to reduce the consumption of imported petrol and save scarce money for critical government projects.

The MDC-T minister had previously led opposition to Green Fuel’s proposals saying the company had not addressed various concerns including pricing of its product which retails at levels only marginally lower than unblended petrol.

“The Cabinet committee dealing with the issue has been asking for answers on why Green Fuel’s ethanol costs more than US$1.00 while in other countries prices average around $0.75,” he said last year.

“We want to know who is benefiting from the balance and why? The company should justify their prices and they have not done that; they are not cooperating with the cabinet committee.”

But with more than 3,000 jobs at risk as the company considered shutting down a Cabinet committee led by deputy premier Arthur Mutambara was appointed to help ensure the project did not collapse.

Economic analysts say Zimbabwe requires $45 million a month to import fuel.


Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it






Face Book


comments powered by Disqus
Car shipping to Namibia, Zimbabwe, Botswana, Mozambique, South Africa and Zambia from UK
RSS NewsTicker