BIODIESEL TRADE IN BRAZIL TO SET A NEW MODEL

The Ministry of Mines and Energy (MME) released an announcement on Wednesday 9 approving resolution for a new biodiesel commercialization model to be established by the National Energy Policy Council (CNPE), which will take place by January 1st, 2022. The approved measure replaces public auctions. According to its text, the new model should guarantee compliance with the mandatory percentage of biodiesel. The measure also provides that up to 80% of the total volume of biodiesel traded comes from biodiesel producing units that hold the Social Biofuel Seal (SBS), a rule that will be the subject of study by the Integrated Technical Committee for the Development of the Fuel Market, other Derivatives Petroleum and Biofuels (CT-CB). It also establishes that the use of imported raw material to produce biodiesel is not prohibited for the new marketing model, in line with a recent CNPE guideline. In addition, a period of 12 months is established, as from the entry into force of the new model, in which all biodiesel sold must come from production units authorized by the ANP.

Sources: Universo Agro / DATAGRO

*Translated by Ia Niani