NewEnergyNews: WHAT ABOUT ALL THAT SUGAR ETHANOL?

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    Wednesday, September 27, 2006

    WHAT ABOUT ALL THAT SUGAR ETHANOL?

    Despite all the hoopla, Brazil only gets about 9-10% of its energy from sugar ethanol. The rest comes from old-fashioned oleaginous hydrocarbons.

    Brazil to invest heavily in gas production, LNG imports
    Peter Howard Wertheim, September 15, 2006 (Oil and Gas Journal)
    - Heavy investment in Brazil's natural gas industry by state-owned Petroleo Brasileiro SA (Petrobras) is resulting in a growing use of gas in the country's energy mix, particularly in gas-fired thermoelectric plants.

    - Gas use rose to 8.9% in 2004 from 7.7% in 2003 and underwent a further hike to 9.3% in 2005. Projections are that it will represent 11% in 2010 and 15% in 2015...investments and the importation of LNG will prevent a gas supply shortfall...
    - Petrobras and its partners will invest up to $22 billion in the gas chain in Brazil during 2007-11. Of this amount, about 14.9 billion will be spent on gas exploration and production...

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