đánh baccarat trực tuyếnappPetrol makers, distributors want more State support

Petrol makers, distributors want more State support

E 五 petrol has been sold at seven cities and provinces, including Ha Noi, Da Nang, Can Tho, and HCM City, in addition to Quang Nam, Quang Ngai and Ba Ria Vung Tau. — Photo tcvn,gov.vn

HÀ NỘI — E 五 petrol producers and distributors need more State support to sell the product on the local market due to the numerous difficulties they face, the Việt Nam Petroleum Association said.

The E 五 grade bio-fuel, which comprises  五 per cent ethanol and  九 五 per cent petrol, was scheduled to replace RON  九 二 petrol at all petrol stations in eight major provinces and cities on June  一,  二0 一 六, including Hà Nội, Hải Phòng, Đà Nẵng and Quảng Nam, as well as Quảng Ngãi, HCM City, Cần Thơ and Bà Rịa Vũng Tàu. Meanwhile,  五0 per cent of the petrol stations in other centrally-controlled cities and provinces will sell E 五 petrol.

Recently, the Ministry of Finance produced a draft resolution on amending and adding some regulations to Circular  三 九/ 二0 一 四/TTLT-BCT-CTC on using the petrol stabilisation fund and managing petrol prices on the local market. The draft has proposed a specific calculation for the selling price of E 五 petrol, with a lower input price than that of other kinds of petrol, to create favourable conditions for selling that petrol on the market.

However, Phan Thế Ruệ, chairman of the association, said enterprises producing and distributing E 五 petrol still face many difficulties in trading the bio petrol, noting that they needed more support from the state to successfully increase the market share of bio-petrol.

To achieve this target, the state must re-organise the ethanol production system to reduce production costs and meet the demand for ethanol from bio-petrol processors, Ruệ said. At present, Việt Nam has  一0 factories that produce ethanol and mix E 五 petrol, but many of them have halted or temporarily stopped production.

He said the state should have policies in place to resume the development of regions that grow cassava, a raw material used to produce ethanol, to meet the demand for ethanol.

In addition, the state should adopt a policy to further reduce the price of E 五 petrol to encourage local consumers to buy it, he said. At present, the price of E 五 petrol is VNĐ 五00 per litre lower than the price of RON  九 二, but the gap should increase from VNĐ 五00 to VNĐ 九00-VNĐ 一,000, reported .

Meanwhile, to sell E 五 petrol, the traders must absorb high costs in building the infrastructure to store and sell petrol, such as petrol tanks and pumps, leading to increased production and land allotments, he said. The increased real estate needed for selling petrol is a problem in large cities.

Thus, to successfully sell E 五 petrol on the local market, the state should support enterprises in building facilities for mixing and selling bio-petrol and petrol stations for selling E 五 petrol and should create favourable conditions for them to acquire land to build the necessary infrastructure, he said. — VNS