Brazil's state-controlled energy company Petrobras will begin sales of
biofuel for motor vehicles in Japan as early as this year, a report said on
Petrobras, one of the world's largest biofuel producers, will supply gasoline
blended with ethanol to independent gas stations, which number 10,000 in Japan,
the Nikkei business daily said without citing sources.
The wholesale price is expected to be one to two yen (cents) per litre (0.26
gallons) lower than ordinary gasoline, it said.
Petrobras plans to mix gasoline and ethanol at a refinery plant in Japan's
southernmost province of Okinawa operated by energy firm Nansei Sekiyu KK, which
the Brazilian giant acquired in April, the newspaper reported.
There was no official confirmation of the report.
"Petrobras, as the parent company of Nansei Sekiyu, has been hoping to bring
biofuel to Japan and other Asian countries and to market ...