Pakistan Govt pushes voluntary ethanol blending as prices remain high
Pakistan has proposed voluntary ethanol–petrol blending due to high ethanol prices making mandatory blending unfeasible. A high-level meeting led by Deputy PM Ishaq Dar reviewed the plan. Blending will occur only where financially viable. OGRA will submit quarterly reports comparing domestic ethanol use versus exports for policy decisions.
The government has proposed voluntary blending of ethanol with domestic petrol, citing high ethanol prices that make mandatory blending unviable.
Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired Thursday’s high-level meeting to review the plan.
OGRA chairman presented a detailed framework. Officials from the Pakistan Ethanol Manufacturers Association and Pakistan Automotive Manufacturers Association also attended. Special Assistant to the PM Tariq Bajwa and secretaries of Petroleum and Industries & Production joined the session.
The committee recommended blending only where financially feasible for refineries and ethanol producers.
OGRA was directed to submit quarterly reports comparing the financial benefits of domestic ethanol use versus exports. Findings will go through the Petroleum Division to the Prime Minister’s Office.
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Source : Profit Pakistan Today
