Business

Ethanol gasoline E5 accounts for 6.2 percent of consumption

SGGP
Ethanol gasoline blend E5, also called bio gasoline, accounts for only 6.2 percent of total petrol consumption output in HCMC, reported the HCMC Department of Industry and Trade.

A customer fills gasoline E5 at a station in HCMC (Photo: SGGP)

A customer fills gasoline E5 at a station in HCMC (Photo: SGGP)

The city now has 240 out of 533 filling stations distributing gasoline E5, accounting for 45 percent.  Consumption output averages 8.053 cubic meters a month.
E5 consumption output has been on the downward trend as consumers have not been in the habit of consuming gasoline E5. In addition, the difference between mineral gasoline A92 and gasoline E5 is only VND270 a liter, which do not attract consumers to change from filling A92 into E5 gasoline.
Previously, the Ministry of Industry and Trade worked with 26 petrol businesses, asking them to seriously implement the Prime Minister’s requirement to trade and consume gasoline E5.
Businesses have committed to entirely replacing A92 with gasoline E5 from January 1, 2018.

By T.TRINH – Translated by Hai Mien

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