Countrywide mandatory use of ethanol begins April 1
THE NATIONWIDE mandatory use of the of 5% ethanol with 95 and 91 octane gasoline starts April 1(April Fool’s Day).
The measure, according to the administration of Ricardo Martinelli, was looking to lower the cost of fuel, as stipulated in the Law 42 of April 2011, but the effect has not been seen in the province of Panama, where it was initially applied. The new maximum sale prices of vehicle fuel published on Wednesday, March 5, saw the third successive rise since early February
Companies involving President Martinelli’s family are preparing to enter the ethanol business. https://www.newsroompanama.com/panama/7274-martinelli-defends-family-involvement-in-ethanol-production.html