Deputy Prime Minister Hoang Trung Hai on June 9 instructed relevant sides to make preparations for selling ethanol gasoline E5 nationwide at a meeting on the blend consumption this year.
He ordered provincial and municipal authorities to closely work with wholesalers including Vietnam Oil and Gas Group, Vietnam National Petroleum Group and Saigon Petro Company in the production and distribution of gasoline E5. They should prepare to prevent a shortage of the bio-fuel in the market.
The Government’s policy of marketing gasoline E5 have brought positive results, contributing to reduce the dependence on minerals, protect the environment, ensure national energy security and improve residents’ lives.
A liter of gasoline E5 is priced VND330 lower than traditional gasoline.
The country has three E5 gasoline production companies with a total output of 85,000 tons in the first four months of 2015.
