Ethiopia saves 2.3 mln. USD by blending ethanol with benzene
Addis Ababa, 22 January 2014 (WIC) – Ethiopia has managed to save 2.3 million US dollars in the first quarter of this budget through blending 2.5 million liters of ethanol with benzene, the Ministry of Water, Irrigation and Energy (MoWIE) said.
Public Relations and Communication Director at MoWIE, Bizuneh Tolcah, told WIC today the 2.5 million liters of ethanol was produced by the existing Fincha and Metahara sugar factories.
According to Bizuneh, Fincha and Metahara sugar factories have the capacity of producing 20 million and 12.5 million liters of ethanol per year, respectively.
Ethiopia envisaged increasing the amount of ethanol production to 181 million liters when the new sugar factories planned to be constructed in the Growth and Transformation Plan (GTP) is completed, he said.
He said Ethiopia can save 57 million US dollars at current price by the end of the GTP period through blending only 64.4 million liters of the total ethanol produce.
Since it commenced blending benzene with ethanol in 2009, the country has supplied 41.77 million liters of ethanol blended benzene to the local market, thus saving 33.23 million US dollars, he said.
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