Makpetrol to introduce biodiesel to Macedonian market

February 12, 2008

In Macedonia, Makpetrol will introduce biodiesel into the market, despite unclear regulations on fuel quality and the absence of incentives for biodiesel producers. Makpetrol said it would sell biodiesel for for a 0.8 percent price premium over diesel fuel. Macedonia law requires that fuel retailers sell a B2.5 to B5 blend, with a mandated increase to B20 by 2020, but the laws have never been implemented due to the absence of fuel quality standards.

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Written by Jim Lane · Filed Under Consumers & Fleets, International, Producer News