Share of biofuel in gasoline decreased from  January 1, 2014 to 4.5% from 5%, while diesel remains at 5% , says a Government Decision on reducing the share of biofuels in petrol, published Monday, January 6 in Official Gazette. Also, it was postponed the scheduled biofuel quota increase.
Initially an increase was planned for 2014 of the share of biofuels to 6% from 5%, now delayed. Under the new calendar, diesel will have a minimum biofuel content of 6.5% by volume in 2016, while gasoline will contain a minimum of 8% in 2018.
Reaching the 6% was originally planned for 2014 after another year of delay: in 2011 , the Government decided via GD 935, both diesel and gasoline from 2013 will have a share of less than 6% biofuel. It was scheduled to provide, according to GD 935/2011 for a share of biofuel in gasoline of 8% in 2015 and up to 9% in 2017 and 10% in 2019.

At the end of 2012, however, the government postponed measures for 2013 of upping gasoline biofuel share of 5% to 6%, for 2014.
Another incentive will be given to oil companies to defer for three years, until 2019 instead of 2016 , the date by which providers must bring good quality gasoline to the market, with an oxygen content of not more than 27%m/m and a maximum ethanol content of 5% v/v, as Hotnews reported.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.