Potential of Producing Biofuels in Tanzania: An Explorative Analysis: Biofuels Production Potential in Tanzania - Image 1

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LAP Lambert Academic Publishing Potential of Producing Biofuels in Tanzania: An Explorative Analysis: Biofuels Production Potential in Tanzania

Name: Potential of Producing Biofuels in Tanzania: An Explorative Analysis: Biofuels Production Potential in Tanzania
Brand: LAP Lambert Academic Publishing
Price: 53.0 GBP
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Tanzania depends exclusively on imports for its oil requirements. The country’s dependency on oil imports has made it very vulnerable to increases in world oil prices and local oil demand. For instance, due to the increase in demand and prices the value of the country’s oil imports rose from US$ 400.3 million in 2003 to US$ 1.1 billion in 2005. Therefore, it is obvious that the cost of importing oil is a heavy burden for the country’s economy. This study is an attempt to contribute towards the knowledge base regarding the feasibility of producing biofuels in the Tanzania so as to reduce the country’s dependence on oil imports. The results show that ethanol can be produced in the country for as low as US$ 0.276 per litre by using sugarcane as a feedstock. Moreover, the results show that ethanol produced in the country can compete with traditional fossil petrol if world oil prices would not fall below US$ 30 a barrel. Since the world oil price is well above US$ 30 a barrel, then it can be concluded that ethanol can be produced competitively in Tanzania. Moreover, the results show that the production of biodiesel would require the world oil price to be at least US$ 60 a barrel.

Product Specifications

Brand: LAP Lambert Academic Publishing
Format: paperback
ASIN: 3846521078
Category: Books > Subjects
Domain: Amazon UK
Release Date: 30 July 2012
Listed Since: 03 August 2012

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LAP Lambert Academic Publishing Potential of Producing Biofuels in Tanzania: An Explorative Analysis: Biofuels Production Potential in Tanzania

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