Pemex predicts E6 by 2012
Pemex plans to phase out the use of MTBE as a petroleum oxygenate in Guadalajara, Monterrey and Mexico City.
The company plans to begin testing 6% ethanol fuel at two service stations and in a test fleet starting in November.
Pemex will purchase ethanol from sugarcane producers in Mexico, and expects ethanol demand to average 52 million gallons a year.
The worldâ??s tenth largest oil company projects spending $15-30 million (â?¬12-24 million) to modify storage terminals in Guadalajara for ethanol storage and blending.
â??We hope that in the long run we will be using at least 10% ethanol, Pemex's Rodrigo Fierro says.
The company expects to begin testing biodiesel blends of 0.5% to 1% between 2008 and 2010.