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Vaile welcomes Shell Australia's first biofuel product.



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Mark Vaile

Media Release Deputy Prime Minister Minister for Trade Leader of The Nationals Wednesday, 16 November 2005 VAILE WELCOMES SHELL AUSTRALIA’S FIRST BIOFUEL PRODUCT Acting Prime Minister and Leader of The Nationals, Mark Vaile launched Shell’s new super premium ethanol fuel in Melbourne today saying it was another positive step towards building a viable ethanol industry in Australia. Mr Vaile said, “The move into biofuels by Shell in Australia is a first for the company and yet another tick of approval for ethanol by one of the four oil majors. “I’m encouraged by the major oil companies like Shell responding to the challenge of providing quality biofuels for Australians. The more readily ethanol is available across the country, the more we will see consumers give the fuel a go,” he said. “Consumer confidence in biofuels is the crucial next step in developing biofuels as a sustainable and significant part of the Australian fuel mix - and all of us have a role to play.” Mr Vaile said Shell's world renowned brand and quality guarantee behind biofuels internationally serves to reinforce the fact that ethanol is a quality component for fuel blends. Shell’s breakthrough fuel formulation using 5% ethanol as an octane-boosting component is designed specifically to deliver increased performance and a cleaner engine. Mr Vaile said the Australian Government is committed to ensuring high quality clean fuels for Australian consumers and that a greater public understanding of biofuels will contribute to developing a sustainable industry. “The Prime Minister and I recently announced our recommitment to the use of 350 ML of biofuels per annum by 2010. Shell in Australia has already publicly stated their support for the Governments biofuels target,” Mr Vaile said. Mr Vaile said there has been a string of recent positive developments for the biofuels industry, including the commitment of oil majors to develop biofuels action plans. “In addition, Australia’s major vehicle producers have also agreed to develop a label for new Australian-made vehicles that can use E10 in 2006. “A viable ethanol industry will deliver jobs in rural and regional Australia so using biofuels is a sign of support for an Australian based rural industry and an industry that is good for the environment,” Mr Vaile said. Contact: Richard Forbes 02 6277 7420 or 0418 273 475 Parliament House Phone: +61 2 6277 7420 Canberra ACT 2600 www.trademinister.gov.au