Factsheet: Biodiesel Stocks

Biodiesel Stocks

Key Information
Full name of Instrument & Measure (English): 
Biodiesel Stocks
In 2013, the Ministry of Mines and Energy (MME) set a new regulation to biodiesel stocks. The main feature is the introduction of the “option to buy” contract in which the buyers (basically, Petrobras) contract the right to pick up the product at any time at the biodiesel plant. The stocks will be mostly held at the plants. This measure aims to avoid the degradation of the product when stored at long periods by Petrobras.
Increase the share of biofuels
Responsible Authority: 
Ministry of Mines and Energy (MME)


Year Instrument & Measure Started: