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Home / Bioethanol / News High wheat prices affect bioethanol production in Kazakhstan
Excerpt from report by Interfax-Kazakhstan news agency Almaty, 11 September: The production of bioethanol in Kazakhstan is becoming an economically unprofitable project in connection with the rise in wheat prices, the director-general of the VITA agricultural holding, Petr Potapov, thinks. «Bioethanol is no longer in demand. Since wheat prices have gone up by three-fold; it has become worthwhile to use petrol for driving,» he told journalists in Almaty today. However, last Thursday [6 September], the director of a department for developing the agricultural sector and science of the republic's Ministry of Agriculture, Berik Ospanov, said that by 2010 Kazakhstan was planning to produce up to 1bn litres of biofuel, double the volume of production in future and become one of the leaders in the world in terms of exporting this product.
According to calculations by experts from the Ministry of Agriculture, Kazakhstan may harvest up to 20m t of grain this year, against over 18m t in 2006. Kazakhstan has a population of over 15.4 million people. Source: Interfax-Kazakhstan news agency, Almaty, in Russian 1256 gmt 11 Sep 07
Date: 12.09.2007 Leave your comment
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