News
10.09.2010
Russia aims to boost ag exports through bioenergy
In Russia, with international reports of droughts and grain shortages, Deputy Agriculture Minister Alexander Petrikov this week stated at an agricultural form, “Russia could become a supplier of oilseeds, oil, biodiesel and ethanol as alternative fuel, cattle and goat meat, game and aquaculture products to the European union in the future.”
The reflects the reality that Russia is facing a number of economic hurdles in trying to export to Europe, and sees biofuels as a way to circumvent some of the problems such as a European farm subsidy rate that is about 50% or more higher then Russian farm subsidies, and that only 8 Russian companies are approved by Europe as compared to 3600 European companies authorized to export to Russia.
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