Gasohol Offered in Vietnam
The timing could not have been better as far as providing alternative solutions to the oil requirements. We all know for a fact that fuel prices are dipping ($91 and falling the last I heard) but this does not mean that the search for alternative fuel should be stopped. In fact, the more alternative fuel that is available then the better it is for the market. For Vietnam, combining Ethanol and Petrol seems to be working for them as this is being distributed named Gasohol E5 by Hanoi.
PV Oil, a PetroVietnam subsidiary, announced on Monday that Gasohol E5 will be provided on a pilot basis in the districts of Dong Da and Cau Giay at VND16,500 ($1) per liter – VND500 and VND1,000 cheaper than A92 and A95 petrol respectively.
Gasohol E5, which is five percent ethanol and 95 percent gasoline, is produced by the PetroVietnam Biofuel Joint Stock Co., an affiliate of PV Oil. This fuel is cost-effective, eco-friendly and safe for engines, PV Oil says.
(Source) Vietnam Net
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