Guatemala launched its national E10 blending program at the end of August, mandating the use of 10% ethanol and 90% gasoline in fuels sold in the country. With this measure, Guatemala became the first Central American country to require a mandatory ethanol blend in gasoline. The program is part of the Reciprocal Trade Agreement between the United States and Guatemala (ART), which explicitly includes ethanol among the trade opportunities between the two countries. The agreement mentions the possibility of annual purchases of at least 50 million gallons of ethanol from the US. Considering Guatemalan gasoline consumption of approximately 1 billion gallons per year, the national adoption of E10 could generate a demand of approximately 100 million gallons of ethanol per year. In monetary terms, this market is estimated at around US$160 million annually.
This text was translated by machine from Brazilian Portuguese.