A.Rahman
ELITE MEMBER
- Joined
- Feb 12, 2006
- Messages
- 4,728
- Reaction score
- 0
- Country
- Location
Government allows sale of blended fuel
ISLAMABAD (updated on: July 27, 2006, 23:29 PST):
Prime Minister Shaukat Aziz on Thursday approved the sale of blended fuel in the country in view of the rising fuel cost and to diversify the sources of energy.
The decision was taken by the prime minister while chairing a meeting held here at the prime minister House.
The prime minister said that introduction of blended fuel will help the government meet energy shortfall.
Initially it will be sold under a pilot project through Pakistan State Oil (PSO) petrol pumps at Lahore, Karachi and Islamabad. The pilot project will be launched in August this year.
Based on the results of the pilot project, the blended fuel will be made available throughout the country, the prime minister added.
This is for the first time that the concept of Ethanol blending with motor gasoline is being introduced in Pakistan.
The blended fuel will have up to 10 percent Ethanol and the remaining 90 percent will be gasoline.
The prime minister said that blended fuel is environment-friendly and cheaper as it contains higher percentage of octane.
Several countries including Brazil and India are already using it, he added.
The prime minister said the provinces will be directed to amend the rules to allow the sale of blended fuel.
He said marketing companies will be encouraged to come forward to market it, as blended fuel is less costly and promotes healthy environment. It will also encourage production of bio-fuel.
The prime minister appreciated Pakistan State Oil (PSO) and Hydro Carbon Institute of Pakistan (HDIP) for launching the project and said this will have a positive and long-term impact on government's plans to overcome energy shortfall in the country.
He said in view of the high fuel cost there is a need to pursue energy conservation.
The prime minister also directed that steps be taken for better traffic management and road infrastructure improvement as traffic jams cause fuel wastage and loss of foreign exchange.
The government is working for improvement of mass transit so that people have alternative means to commute, the prime minister added.
The meeting was attended among others by Minister of State for Petroleum and Natural Resources, Muhammad Nasir Khan Mengal, Deputy Chairman Planning Commission, Dr. M. Akram Sheikh, Secretary Ministry of Petroleum and Natural Resources, Secretary Industries and Production, Chairman Alternative Energy Development Board (AEDB) and MD PSO.
Copyright APP (Associated Press of Pakistan), 2006
ISLAMABAD (updated on: July 27, 2006, 23:29 PST):
Prime Minister Shaukat Aziz on Thursday approved the sale of blended fuel in the country in view of the rising fuel cost and to diversify the sources of energy.
The decision was taken by the prime minister while chairing a meeting held here at the prime minister House.
The prime minister said that introduction of blended fuel will help the government meet energy shortfall.
Initially it will be sold under a pilot project through Pakistan State Oil (PSO) petrol pumps at Lahore, Karachi and Islamabad. The pilot project will be launched in August this year.
Based on the results of the pilot project, the blended fuel will be made available throughout the country, the prime minister added.
This is for the first time that the concept of Ethanol blending with motor gasoline is being introduced in Pakistan.
The blended fuel will have up to 10 percent Ethanol and the remaining 90 percent will be gasoline.
The prime minister said that blended fuel is environment-friendly and cheaper as it contains higher percentage of octane.
Several countries including Brazil and India are already using it, he added.
The prime minister said the provinces will be directed to amend the rules to allow the sale of blended fuel.
He said marketing companies will be encouraged to come forward to market it, as blended fuel is less costly and promotes healthy environment. It will also encourage production of bio-fuel.
The prime minister appreciated Pakistan State Oil (PSO) and Hydro Carbon Institute of Pakistan (HDIP) for launching the project and said this will have a positive and long-term impact on government's plans to overcome energy shortfall in the country.
He said in view of the high fuel cost there is a need to pursue energy conservation.
The prime minister also directed that steps be taken for better traffic management and road infrastructure improvement as traffic jams cause fuel wastage and loss of foreign exchange.
The government is working for improvement of mass transit so that people have alternative means to commute, the prime minister added.
The meeting was attended among others by Minister of State for Petroleum and Natural Resources, Muhammad Nasir Khan Mengal, Deputy Chairman Planning Commission, Dr. M. Akram Sheikh, Secretary Ministry of Petroleum and Natural Resources, Secretary Industries and Production, Chairman Alternative Energy Development Board (AEDB) and MD PSO.
Copyright APP (Associated Press of Pakistan), 2006
