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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 32.21+0.9%1:33 PM EST

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To: elmatador who wrote (1635)9/12/2006 12:15:42 PM
From: richardred   of 2801
 
Brazil says will more than double ethanol exports by 2010
The Associated Press

Published: September 11, 2006
RIO DE JANEIRO, Brazil Brazil is aggressively expanding its sugarcane plantations and expects to more than double its annual exports of alcohol fuel, or ethanol, by 2010, Mines and Energy Minister Silas Rondeau said Monday.

Thanks to the rapid expansion of sugarcane areas, the country will export about 8 billion liters (2.1 billion gallons) of ethanol in 2010, up from current exports of about 3 billion liters (790 million gallons), Rondeau said at the Rio Oil and Gas Expo and Conference.

"The potential for exports we have by 2010 is about 8 billion liters, generating about 3.6 million jobs directly and indirectly," Rondeau said in his opening remarks to the conference, which runs through Thursday.

Rondeau said the expanded sugarcane growing areas will lead to Brazil's production of ethanol rising to 26 billion liters (6.87 billion gallons) annually in 2010 up from the current production of around 16 billion liters (4.23 billion gallons) annually.

Brazil is the world's second-biggest producer of ethanol after the United States and is the biggest exporter. Brazil also has the world's largest fleet of ethanol-powered cars — seven out of every 10 new cars sold in Brazil are "flex fuel" vehicles that can run on gasoline, ethanol or any combination of the two.

Brazil's state-run oil firm Petroleo Brasileiro SA, or Petrobras, said it expected to sign a long-term contract to export ethanol to Venezuela.

The company's downstream director Paulo Roberto Costa said the exact volume and terms of the contract were still being discussed.

Petrobras already has made two ethanol shipments of 25 million liters (6.6 million gallons) each to Venezuela this year, and this week is shipping another 20 million liters (5 million gallons), Costa said.

Earlier this year, Petrobras said it planned to export 150 million liters (40 million gallons) of ethanol to Venezuela in 2006.

Petrobras hopes the export volume in the planned contract with Venezuela will be larger than this year's shipment.

The company this year also is making two shipments of 20 million liters (5 million gallons) of ethanol to Nigeria, Costa said. Petrobras is in negotiations with the African country over a long-term ethanol supply contract.

Petrobras has promised Venezuela and Nigeria that it would transfer ethanol production technology to enable those countries to build their own domestic ethanol industries.

The company said it doesn't plan to begin producing ethanol but will continue to distribute and export it. Ethanol in Brazil is made from sugarcane and production is controlled by a number of private sugar mills.

Petrobras currently plans to build the world's first ethanol-only pipelines from producing regions in central Brazil to the coast.

Some 30,000 people are expected to visit the Rio Oil and Gas Expo, where 800 exhibitors from 14 countries are presenting the latest innovations in oil and gas production, refining and exploration.


RIO DE JANEIRO, Brazil Brazil is aggressively expanding its sugarcane plantations and expects to more than double its annual exports of alcohol fuel, or ethanol, by 2010, Mines and Energy Minister Silas Rondeau said Monday.

Thanks to the rapid expansion of sugarcane areas, the country will export about 8 billion liters (2.1 billion gallons) of ethanol in 2010, up from current exports of about 3 billion liters (790 million gallons), Rondeau said at the Rio Oil and Gas Expo and Conference.

"The potential for exports we have by 2010 is about 8 billion liters, generating about 3.6 million jobs directly and indirectly," Rondeau said in his opening remarks to the conference, which runs through Thursday.

Rondeau said the expanded sugarcane growing areas will lead to Brazil's production of ethanol rising to 26 billion liters (6.87 billion gallons) annually in 2010 up from the current production of around 16 billion liters (4.23 billion gallons) annually.

Brazil is the world's second-biggest producer of ethanol after the United States and is the biggest exporter. Brazil also has the world's largest fleet of ethanol-powered cars — seven out of every 10 new cars sold in Brazil are "flex fuel" vehicles that can run on gasoline, ethanol or any combination of the two.

Brazil's state-run oil firm Petroleo Brasileiro SA, or Petrobras, said it expected to sign a long-term contract to export ethanol to Venezuela.

The company's downstream director Paulo Roberto Costa said the exact volume and terms of the contract were still being discussed.

Petrobras already has made two ethanol shipments of 25 million liters (6.6 million gallons) each to Venezuela this year, and this week is shipping another 20 million liters (5 million gallons), Costa said.

Earlier this year, Petrobras said it planned to export 150 million liters (40 million gallons) of ethanol to Venezuela in 2006.

Petrobras hopes the export volume in the planned contract with Venezuela will be larger than this year's shipment.

The company this year also is making two shipments of 20 million liters (5 million gallons) of ethanol to Nigeria, Costa said. Petrobras is in negotiations with the African country over a long-term ethanol supply contract.

Petrobras has promised Venezuela and Nigeria that it would transfer ethanol production technology to enable those countries to build their own domestic ethanol industries.

The company said it doesn't plan to begin producing ethanol but will continue to distribute and export it. Ethanol in Brazil is made from sugarcane and production is controlled by a number of private sugar mills.

Petrobras currently plans to build the world's first ethanol-only pipelines from producing regions in central Brazil to the coast.

Some 30,000 people are expected to visit the Rio Oil and Gas Expo, where 800 exhibitors from 14 countries are presenting the latest innovations in oil and gas production, refining and exploration.


RIO DE JANEIRO, Brazil Brazil is aggressively expanding its sugarcane plantations and expects to more than double its annual exports of alcohol fuel, or ethanol, by 2010, Mines and Energy Minister Silas Rondeau said Monday.

Thanks to the rapid expansion of sugarcane areas, the country will export about 8 billion liters (2.1 billion gallons) of ethanol in 2010, up from current exports of about 3 billion liters (790 million gallons), Rondeau said at the Rio Oil and Gas Expo and Conference.

"The potential for exports we have by 2010 is about 8 billion liters, generating about 3.6 million jobs directly and indirectly," Rondeau said in his opening remarks to the conference, which runs through Thursday.

Rondeau said the expanded sugarcane growing areas will lead to Brazil's production of ethanol rising to 26 billion liters (6.87 billion gallons) annually in 2010 up from the current production of around 16 billion liters (4.23 billion gallons) annually.

Brazil is the world's second-biggest producer of ethanol after the United States and is the biggest exporter. Brazil also has the world's largest fleet of ethanol-powered cars — seven out of every 10 new cars sold in Brazil are "flex fuel" vehicles that can run on gasoline, ethanol or any combination of the two.

Brazil's state-run oil firm Petroleo Brasileiro SA, or Petrobras, said it expected to sign a long-term contract to export ethanol to Venezuela.

The company's downstream director Paulo Roberto Costa said the exact volume and terms of the contract were still being discussed.

Petrobras already has made two ethanol shipments of 25 million liters (6.6 million gallons) each to Venezuela this year, and this week is shipping another 20 million liters (5 million gallons), Costa said.

Earlier this year, Petrobras said it planned to export 150 million liters (40 million gallons) of ethanol to Venezuela in 2006.

Petrobras hopes the export volume in the planned contract with Venezuela will be larger than this year's shipment.

The company this year also is making two shipments of 20 million liters (5 million gallons) of ethanol to Nigeria, Costa said. Petrobras is in negotiations with the African country over a long-term ethanol supply contract.

Petrobras has promised Venezuela and Nigeria that it would transfer ethanol production technology to enable those countries to build their own domestic ethanol industries.

The company said it doesn't plan to begin producing ethanol but will continue to distribute and export it. Ethanol in Brazil is made from sugarcane and production is controlled by a number of private sugar mills.

Petrobras currently plans to build the world's first ethanol-only pipelines from producing regions in central Brazil to the coast.

Some 30,000 people are expected to visit the Rio Oil and Gas Expo, where 800 exhibitors from 14 countries are presenting the latest innovations in oil and gas production, refining and exploration.


RIO DE JANEIRO, Brazil Brazil is aggressively expanding its sugarcane plantations and expects to more than double its annual exports of alcohol fuel, or ethanol, by 2010, Mines and Energy Minister Silas Rondeau said Monday.

Thanks to the rapid expansion of sugarcane areas, the country will export about 8 billion liters (2.1 billion gallons) of ethanol in 2010, up from current exports of about 3 billion liters (790 million gallons), Rondeau said at the Rio Oil and Gas Expo and Conference.

"The potential for exports we have by 2010 is about 8 billion liters, generating about 3.6 million jobs directly and indirectly," Rondeau said in his opening remarks to the conference, which runs through Thursday.

Rondeau said the expanded sugarcane growing areas will lead to Brazil's production of ethanol rising to 26 billion liters (6.87 billion gallons) annually in 2010 up from the current production of around 16 billion liters (4.23 billion gallons) annually.

Brazil is the world's second-biggest producer of ethanol after the United States and is the biggest exporter. Brazil also has the world's largest fleet of ethanol-powered cars — seven out of every 10 new cars sold in Brazil are "flex fuel" vehicles that can run on gasoline, ethanol or any combination of the two.

Brazil's state-run oil firm Petroleo Brasileiro SA, or Petrobras, said it expected to sign a long-term contract to export ethanol to Venezuela.

The company's downstream director Paulo Roberto Costa said the exact volume and terms of the contract were still being discussed.

Petrobras already has made two ethanol shipments of 25 million liters (6.6 million gallons) each to Venezuela this year, and this week is shipping another 20 million liters (5 million gallons), Costa said.

Earlier this year, Petrobras said it planned to export 150 million liters (40 million gallons) of ethanol to Venezuela in 2006.

Petrobras hopes the export volume in the planned contract with Venezuela will be larger than this year's shipment.

The company this year also is making two shipments of 20 million liters (5 million gallons) of ethanol to Nigeria, Costa said. Petrobras is in negotiations with the African country over a long-term ethanol supply contract.

Petrobras has promised Venezuela and Nigeria that it would transfer ethanol production technology to enable those countries to build their own domestic ethanol industries.

The company said it doesn't plan to begin producing ethanol but will continue to distribute and export it. Ethanol in Brazil is made from sugarcane and production is controlled by a number of private sugar mills.

Petrobras currently plans to build the world's first ethanol-only pipelines from producing regions in central Brazil to the coast.

Some 30,000 people are expected to visit the Rio Oil and Gas Expo, where 800 exhibitors from 14 countries are presenting the latest innovations in oil and gas production, refining and exploration.

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