Argentina increases biodiesel blending mandate amidst fuel shortage crisis

Argentina government has raised the biodiesel blending mandate for small and medium-sized companies to 7.5% for 60 days, the energy ministry announced in a statement on June 15. All supplier companies will be allowed to use an additional 5% of biodiesel for blending mixture with diesel bringing overall proportion of biodiesel to 12.5%, the ministry said. This is a hike…