Oil and Gas Markets to 2025 - LUKoil

... level of the 1st generation of biofuels in transport from 10% to 5% total consumption (in fact, it has done so since the report was published, down to 5.5%; see link). In the largest biofuels producer the situation is far from merry, as strategically USA aimed to limit its reliance on Middle East via alternative energy, but shale has altered the game so much that it no longer needs it for security. At €0.84 per litter biofuel diesel is very expensive to produce, in contrast to standard diesel ...