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 08/05/2008 17:08  

Ukraine: biofuel production

Julia Timoshenko, Prime Minister of Ukraine, advocates providing of processing rapeseeds and other crops used for biofuel production in the country, reported she on August, 5.

Prime Minister proposed to make a law which will provide benefits to the companies building biofuel plants.

Reductive receiving of land for building and state compensation of credit interest rates will be among expedient preferences.

In December, 2006, Ministry Cabinet signed a program of biofuel production development for 2007-2010.

According to the program, Ukraine plans to build 20 plants for biofuel production with annual total capacity of 623.000 tonnes.

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