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Ethiopia sets up state-owned company to develop biofuels

 

In Ethiopia, the government has set up a state-owned Mineral, Petroleum and Biofuel Corporation with the goal of establishing biofuel as well as fossil fuel and mining operations in the country.

Currently, the Corporation is fulfilling its staff and is preparing to carry  additional study on mineral, petroleum and biofuel resources that Ethiopia has.

The  vast majority of biofuels used in the country comes from molasses-based ethanol . Biofuels and renewable energy remain a key part of the landlocked country’s policies to achieve energy independence.

Exploration over the past 40 years have indicated potential mineral and fossil fuel resources could be viably extracted as well.

with information from Biofuels Digest

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