Petrobras Wants to Increase Ethanol in Gasoline, Estado Says

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil company, wants to increase the amount of ethanol used in gasoline to 25 percent, the head of the company’s biofuels unit said yesterday, according to O Estado de S. Paulo.

The increase in ethanol content from the current 20 percent will help ease fuel imports, Estado quoted Miguel Rossetto as saying.

To contact the reporter on this story: Peter Millard in Rio de Janeiro at pmillard1@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

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