Sat, Aug 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Energy, Resources more

Global biofuels growth set to slow on weak Brazil prospects: IEA

Posted on 14 December 2011

The pace of global biofuels production growth will be slower than previously forecast over the next five years due to weaker prospects for Brazilian ethanol and as the US market becomes saturated, the International Energy Agency said Tuesday.
Updating medium-term forecasts made in June, the IEA said it sees global biofuels growth from 2010 to 2016 at just 400,000 b/d, versus 500,000 b/d previously. It now expects biofuels supply to reach 2.22 million b/d in 2016, up from 1.822 million b/d in 2010………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36568 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31