Philippines to raise ethanol blend to 20 per cent to lower gasoline prices

Manila: The Philippines government plans to raise the ethanol blend in gasoline to 20% voluntarily from the current mandatory 10% to lower domestic gasoline prices, Energy Secretary Raphael Lotilla said on Tuesday. Lotilla asserted that this enhancement in ethanol blend is anticipated to translate into a reduction of over one peso per liter in gasoline … Continue reading Philippines to raise ethanol blend to 20 per cent to lower gasoline prices