EU, Brazil, Mozambique to sign bioenergy pact

12 Jul 10

The European Union and Brazil will sign an agreement with Mozambique this week to develop bioelectricity and biofuels projects, officials said on 11 July. The agreement will be signed during a summit of European and Brazilian leaders in Brasilia on Wednesday, they said. Spurred by surging EU biofuel demand and Brazil's production expansion goals, the deal with Mozambique is seen in Brussels and Brasilia as a first step toward greater cooperation on developing renewable energy projects in Africa. Under the agreement, the EU and Brazil will start studies on how best to develop bioethanol, biodiesel and bioelectricity projects in Mozambique, which has become a leading African biofuels producer in recent years.
http://af.reuters.com/article/topNews/idAFJOE66B0SL20100712?pageNumber=1&virtualBrandChannel=0

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