Sales of Statoil\'s E85 biofuel grew by 270% in Sweden

Sales of Statoil's E85 biofuel grew by 270% in Sweden last year compared with 2005, the Norwegian oil giant has revealed in a statement.

Svenska Statoil's petrol stations sold 19.5 million liters of E85 in 2006. The oil firm currently offers biofuel at 170 of its sites in Sweden and this network will be expanded through the addition of another 90 outlets over the coming year.

According to the Statoil statement, a total of 36,711 'environmental cars' were purchased in Sweden during 2006, an increase of 156% on the previous year. They represented 13.5% of all newly-registered cars in the country, which was an increase on just 5.2% in 2005.

Energy Business Review
19 Jan 2007