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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: energyplay who wrote (315)	9/9/2005 1:38:47 AM
From: elmatador	Read Replies (1) of 217754

Eplay you may remember Elmat's travails in Nigeria during the fuel prices increases late last year. The refineries are in poor starte, Nigeria imports gasoline, diesel an kerosene... <<Petrobras, expects to start exporting ethanol to Nigeria soon, and the market could reach 3 million liters per day, according to Petrobras' managing director for Nigerian operations, Samir Passos Awad. The Nigerian government is drawing up a law to govern ethanol usage, which may include a measure allowing up to 10% ethanol in gasoline, Awad said. Awad based his calculations for ethanol consumption on Nigeria's gasoline consumption of around 30 million liters per day.>> thebusinessonline.com I think that's the way ethanol will start: looking for those countries that need a quick fix. Ethanol has no glamour. It doesn't because it doesn't have lard. Talk about fuel cells, heydrogen, hybrids... A 25 year old today could retire -from his lab where he did R&D- in 20 years time only living off this lard. Imagine the potential amount of moolah doled up by the EU, US Japan for research? Ethanol can't match that atractiveness...

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