SRA nixes independent oil players’ call for more ethanol imports

Despite rising fuel prices, the state-run Sugar Regulatory Administration (SRA) has dismissed calls by independent oil players to allow increased imports of ethanol products to effectively lower gas pump prices.

Rosemarie Gumera, planning and policy manager at the SRA, stressed that under the government’s bioethanol program, oil companies should prioritize the procurement and development of the local ethanol sector to reduce the country’s reliance on imported fossil fuel.