Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria Registers Notable Increase Biodiesel Consumption in 2010
Date: 01/06/2011
Bulgaria Registers Notable Increase Biodiesel Consumption in 2010

Biodiesel consumption in Bulgaria registered a staggering increase in 2010 amounting to 38 911, 13 tons, according to preliminary information from the Ministry of Economy, Energy and Tourism.

Biodiesel consumption in the previous two years came in at 4260 tons and 6566 tons, respectively, following a report prepared by Traicho Traikov, Minister of Economy, Energy and Tourism, on the implementation of national indicative targets for the use of biofuels and other renewable fuels in the transport sector in 2010.

A total of 8551.4 tons of the estimated quantities consumed are pure biodiesel, the remaining are biodiesel blends with petroleum-based diesel fuels.

Final data about the consumption of biofuels, various gasoline types, and diesel fuels in the country will be presented in the Energy Balance Sheets for 2010 of the National Statistical Institute (NSI) at the end of 2011.

The report also points out that Bulgaria has capacities for the production of 250 000 tons of biodiesel and 60 000 tons of bioethanol per year.

In conclusion, the report states that, as a result of the measures to boost the use of biofuels in the transport sector, the official statistics is expected to register a significant growth in the consumption of biodiesel in 2010, which will have a positive impact on meeting the national indicative target.

Biodiesel production relies on domestic raw materials, which could help improve the security of energy supplies.

A wider application of biofuels in various sectors- urban transport and internal transport in manufacturing enterprises and ports- will lead to a reduction in overall greenhouse gas emissions, an improvement of the environmental conditions and the quality of life in regions with high concentrations of harmful emissions in the air.

Topic: Business

Featured District
Invest Bulgaria Charts
Current Account as Percent of GDP
Current Account as Percent of GDP

Capital and Financial Account of Bulgaria
Capital and Financial Account of Bulgaria

See all charts
Did You Know?
Cost of Labor in Bulgaria
Cost of Labor in Bulgaria
A Bulgarian software project leader makes about 1,200 Euros a month ... More

The municipality of Vidin is located in the northwestern part of the Danubian Plain. Its territory coincides with the Vidin Lowland, between the bend of the Danube at Vidin and the hills to the southwest.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.

Our Featured Members