Factsheet: "MC" contribution margin of biofuels

"MC" contribution margin of biofuels

Key Information
Full name of Instrument & Measure (English): 
Resolution 90155-2014 'MC' contribution margin of biofuels
Description: 
Resolution 90155-2014 on the 'MC' (contribution margin) for the price structure of the un leaded gasoline, oxygenated unleaded gasoline, diesel, and blend of biofuels. Also specifies the liquidation effects and the contribution margin, for the CENIT Transporte y logistica de Hidrocarburos S.A.S. once the due diligence is done by the importer and the refinery.
Goal/Aim: 
Regulate advanced biofuels

Sector/Topic targeted:

Responsible Authority: 
Minister of Mines and Energy MME

Status:

Trade Relevance: 
Sustainability of biomass (potentially to be exported)
Year Instrument & Measure Started: 
2014