Posted By Global Banking and Finance Review
Posted on June 18, 2025
KYIV (Reuters) -Ukraine's parliament has until the end of this year temporarily authorised the sale of petrol without the mandatory 5% bioethanol content, cancelling fines and other penalties for companies selling such petrol, lawmakers said on Wednesday.
Ukraine introduced the mandatory addition of 5% bioethanol to motor fuel from May 1 to meet EU sustainability regulations.
Lawmakers and authors of the law have not explained the reason for the amendment, but market sources say the refusal to impose fines and to allow the sale of petrol without bioethanol has been prompted by fears of possible fuel shortages.
Ukraine does not officially disclose the volume of domestic fuel production as most of its facilities have been repeatedly attacked by Russian missiles and drones.
Ukraine imported about 1.2 million tons of petrol in 2024.
(Reporting by Pavel Polityuk; editing by David Evans)