Comeco to sell E5 in Vietnam

PetroVietnam Oil Corporation, which produces and distributes E5 in 34 cities and provinces throughout Vietnam, has entered into an agreement with Construction & Material Engineering Co. (Comeco) which allows Comeco to sell E5, a blend of 5% ethanol and 95% gasoline. Comeco has 15 petrol stations throughout the country. This agreement will bring the total number of stations selling E5 to 144. A recent draft issued by the Ministry of Industry and Trade indicates that the use of E5 may become mandatory throughout Vietnam by January 1, 2015. (December 19, 2011)