Europia: EU Biofuels Targets Will Extend Region's Gasoline Surplus; 2010 Target Not Likely to be Met

摘要

It is highly unlikely that the European Union (EU) countries will meet the 5.75% biofuels target by the end of 2010, a goal established in the Biofuels Directive of 2003. That's the opinion of Europia, Europe's oil trade association, which also warned ethanol blending should be focused on diesel fuel rather than gasoline.