Revised Guidelines on the Utilization of Locally-Produced Bioethanol in the Production of E-Gasoline
WHEREAS, Department Circular No. 2011-12-0013 was issued on 15 December 2011 with the primary purpose of ensuring that all locally produced bioethanol by the accredited bioethanol producers are purchased and utilized by the oil companies before the latter are allowed to import supplemental bioethanol to comply with the Bioethanol mandate;
WHEREAS, through Department Circular No. 2011-12-0013, the mechanism of Local Monthly Allocation (LMA) and Notice of Allowable Bioethanol Importation (NASI) was institutionalized specifically to monitor actual bioethanol requirement and utilization of both local and imported bioethanol on a monthly basis, with non-compliance therewith to be subject to certain penalties;