PetroVietnam Oil Corporation (PV Oil) is willing to switch from RON A92 petrol to bio-fuel E5 on nationwide from January 1, 2018, according to newswire Cafef.
PV Oil has completed the close loop including processing raw material for bio-fuel blending, blending E5 bio-fuel, and transporting E5 bio-fuel from blending stations to transit warehouses, and then to retail stations and distributors nationwide.
It was considered the pioneer piloting the E5 use programme and officially started retail distribution from August 1, 2010. Since December 1, 2014 E5 bio-fuel was taken into popular use through PV Oil’s distribution systems in seven cities and provinces, including Hanoi, Ho Chi Minh City, Haiphong, Danang, Can Tho, Quang Ngai, and Ba Ria-Vung Tau.
PV upgraded the storage tanks systems and simultaneously took 11 bio-fuel blending stations into operation nationwide, a number that will increase by December this year to ensure the nationwide commercial distribution of E5 bio-fuel.
Besides, the company built plans for processing ethanol E100 to ensure the raw material for E5 bio-fuel blending, which is a mix of 95 per cent A92 petrol and 5 per cent ethanol E100. PV Oil will source all ethanol E100 domestically.
PV has also accelerated the switch fuel pumping facilities from RON A92 petrol to bio-fuel E5 at retail stations and is ready to provide technical support to its agencies and distributors. It plans to complete upgrading and switching processes by the end of the year.
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