NATIONAL PETROLEUM AGENCY (ANP) FLEXIBILIZES ACQUISITION OF ANHYDROUS ETHANOL DUE TO PANDEMIA

Resolution 819/2020 of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), published on Monday 8 in the Official Gazette (DOU), eases the obligations for the purchase of anhydrous fuel ethanol (added to gasoline), exceptionally, “considering the emergency health situation of public calamity” due to the pandemic, informs “Agência Brasil”. Signed by the general director of the ANP, José Gutman, Resolution 819 entered into force today and will be valid until May 31, 2021. The amendments will be valid for the contracts for the supply of anhydrous ethanol in the July 2020 to May 2021 harvest. According to the resolution, there were changes in paragraphs 3, 6, 7 and 12 of Article 3, as well as in Paragraph 1 and in the caput of Article 10 of Resolution ANP number 67/2011, with the purpose of applying a 16% reduction on the volume sold in 2019. Also according to the ANP, such measure was necessary in view of the drop in demand for gasoline C, due to the pandemic. The deadline for sending contracts for approval was extended to July 1. The calculated volume should be applied proportionally to 11 months and with a reduction factor of 16%, highlights the resolution.

Source: Universo Agro / DATAGRO