Why is E5 bio-fuel 'unsold'? - Lang Son Newspaper

In managing gasoline prices, the Ministry of Industry and Trade always requires creating a space to encourage consumers to use E5 gasoline. However, communication work in the past has not been successful in making consumers trust and use E5 gasoline.

Since 2018, E5 bio-fuel has been widely sold in the national market, but the consumption trend is decreasing.

The information was given at the regular press conference for the fourth quarter of 2024 of the Ministry of Industry and Trade on the afternoon of January 7. At the press conference, one of the contents that received the attention of the press was that the consumption of E5 gasoline is decreasing.

Consumers do not trust using E5 gasoline

Regarding this issue, Ms. Nguyen Thuy Hien, Deputy Director of the Domestic Market Department (Ministry of Industry and Trade) informed: Implementing Decision No. 53/2012/QD-TTg of the Prime Minister on promulgating the roadmap for applying the blending ratio of biofuels with traditional fuels, the Ministry of Industry and Trade has issued a Directive to implement Resolution No. 53/2012/QD-TTg.

In this directive, the Ministry of Industry and Trade has assigned tasks to units under the Ministry and agencies, departments of industry and trade, and petroleum traders to organize the implementation. The Ministry of Industry and Trade has also issued many documents urging and directing enterprises, distributors and petroleum key players to implement, trade, consume and distribute E5 gasoline.

Since 2018, E5 biofuel has been widely sold in the national market, but the consumption trend has been decreasing, due to many reasons. Of which, the 3 main reasons mentioned by Ms. Nguyen Thuy Hien are:

Firstly, the price difference between E5 gasoline and mineral gasoline is not much, so it does not encourage and attract consumers to use this type of gasoline.

Second, the communication problem has not been achieved to make consumers trust and use E5 gasoline.

Third, with the current economic development, consumers have more modern vehicles so they use more types of gasoline with higher quality.

Creating room to encourage people to use E5 gasoline

Faced with the downward trend of E5 gasoline consumption, the Domestic Market Department has advised the Minister of Industry and Trade, and the Ministry of Industry and Trade has issued documents and directives to promote the consumption of E5 gasoline. At the same time, the Ministry of Industry and Trade has assigned the Department of Science and Technology to be the unit in charge of implementing Decision 53/2012/QD-TTg of the Prime Minister, to summarize and comprehensively evaluate the implementation of the Decision on promulgating the roadmap for applying the blending ratio of biofuels with traditional fuels, thereby, summarizing and reporting to the Prime Minister for consideration.

For more information, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan said that in order to develop E5 bio-fuel, the Ministry of Industry and Trade has carried out many tasks in the past. Even in the issue of managing gasoline prices and managing supply and demand, the Ministry of Industry and Trade always requires creating a space to encourage consumers to use E5 gasoline.

In the gasoline price adjustment on January 2, 2025, E5 RON92 gasoline will not be higher than VND 20,057/liter and RON 95-III gasoline will not be higher than VND 20,746/liter. Thus, the difference between these two products is nearly VND 700/liter.

According to experts, E5 biofuel is a fuel containing 5% bioethanol by volume and 95% traditional gasoline by volume. Currently, bioethanol in Vietnam is mainly produced from the main raw material of dried cassava chips. Biofuel has been used in many countries around the world for many years. This is considered a solution to protect the environment and reduce dependence on fossil fuels.

In addition to the benefits of environmental protection, many studies have shown that the use of E5 biofuel also brings many benefits to the vehicle engine. In addition, the use of E5 biofuel contributes to ensuring energy security, not being dependent on fuel imports, curbing the increase in oil prices, and stabilizing the energy situation.

Source: https://baolangson.vn/vi-sao-xang-sinh-hoc-e5-e-hang-5034440.html