Key facts
- Paraguay's industry and commerce ministry has set the mandatory biodiesel blend at 8-10pc.
- This decision establishes the first operational benchmark under the country's new biofuels framework.
- The new blend range is effective 30 days after its approval.
- The government aims to increase the use of domestically produced biofuels.
- The Paraguayan Chamber of Biofuels and Renewable Energies (Biocap) supported the move.
Paraguay's industry and commerce ministry has established the nation's mandatory biodiesel blend at 8-10%, providing the market with its initial operational benchmark under the recently enacted biofuels framework. This decision, made on June 19, represents the government's first significant action since the legislative amendment earlier this year that broadened the legal blending range to between 5% and 20%.
The ministry's choice to set the initial operating band at 8-10% signifies an increase from the previous mandate, while remaining below the newly established statutory ceiling. The blend is scheduled to take effect 30 days following its official approval.