Factsheet: Biofuel production funding

Biofuel production funding

Key Information
Full name of Instrument & Measure (English): 
Rules on Funding for Developments in Biofuel Production, approved by Order No. 3D-417 of the Minister of Agriculture of the Republic of Lithuania of 25 July 2008
Full name of Instrument & Measure (native language): 
Biodegalų gamybos plėtros finansavimo taisyklės, patvirtintos Lietuvos Respublikos žemės ūkio ministro 2008 m. liepos 25 d. įsakymu Nr. 3D-417 (Valstybės žinios, 2008, Nr. 88-3551; 2011, Nr. 78-3848)
Description: 
Part of the price of rape oil used for the production of rapeseed methyl (ethyl) ester (RME) and part of the price of rape seed and cereal grain purchased for the production of dehydrated ethanol will be reimbursed under this support scheme (Chapter I Item 3 Order No. 3D-417). The maximum reimbursement for rapeseed and cereal grains is set by the Minister of Agriculture each year (Chapter V Item 11 Order No. 3D-417). This measure is implemented by the National Paying Agency on behalf of the Ministry of Agriculture (Chapter IX Item 18 Order No. 3D-417).
Goal/Aim: 
Support the production of biofuels.
Responsible Authority: 
Nacionalinė mokėjimo agentūra prie Žemės ūkio ministerijos – National Paying Agency of the Ministry of Agriculture

Status:

Year Instrument & Measure Started: 
2008
Year Last Instrument & Measure was last Amended: 
2014