Ukraine is proposing that the European Union increase the existing duty-free export quota for Ukrainian bioethanol—currently set at 125,000 metric tons per year—to account for the volume of bioethanol that Ukraine imports from the EU as part of automotive gasoline, Minister of Agrarian Policy and Food Taras Vysotsky told reporters.
“We have calculated that Ukraine currently imports about 10,000 metric tons of bioethanol per month as part of gasoline… This proposal applies to the period of martial law, as the current security situation prevents Ukraine from blending gasoline with bio-components, so we have to import it,” the minister explained.
He noted that the requirement for a mandatory bioethanol content of at least 7% in A-92 and A-95 automotive gasoline took effect in Ukraine on July 1 of this year, while the quota of 125,000 metric tons was set last year, when gasoline was imported without any bioethanol content.
Vysotsky noted that the quota can be flexible: if, for example, 5,000 metric tons of bioethanol are imported in a given month, then an additional 5,000 metric tons of export quota becomes available; if 15,000 metric tons are imported in a given month, then 15,000 metric tons.
According to him, this could amount to an additional 120,000 metric tons of bioethanol over the course of a year.
In the opinion of the Minister of Agrarian Policy, this proposal from Ukraine is very likely to be accepted and implemented by European partners.
Bioethanol, EU, EXPORTS, QUOTA, UKRAINE
