Biofuel Law (Ley del Alcohol Carburante)

Decree-Law 17 of 1985, regulated by the Governmental Accord 420-1985, aimed to increase the utilisation of biofuels in the transport sector, while reducing the imports of fuel oil. The Decree establishes a blending mandate for bioethanol of 5%. The mandate was not implemented and associated fiscal incentives were not provided. While the law is still considered to be in force from a legal standpoint, it is not actively applied

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