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India Prepares To Launch 20% Ethanol With Gasoline

OIL

India is preparing to launch sales of 20% ethanol with gasoline and will look to gradually raise its share of the cleaner fuel in its energy mix, the country’s oil minister Hardeep Singh Puri said.

  • India currently mixes 10% ethanol with gasoline, but the world’s third-biggest oil importer and consumer is keen to cut its carbon footprint to aid Prime Minister Narendra Modi’s goal for net zero carbon emissions by 2070.
  • “Inhibition to confine to 20% will erode and ecosystem will start and people will start talking why not 30% or more,” Puri said.
Energy BulletsCommodities
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