Barradas said that a part of the biofuel refinery’s production is likely to be exported and the rest to be used for domestic consumption.

To move ahead on the project, some fundamental aspects had to be considered, specially the existence in the area of production and seeds, the newspaper reported. It also said that 150 hectare of jatropha and 25 hectares of sunflowers had been planted on an experimental basis in Bândua.

The project is likely to cover 5,000 hectares in less than 10 years, and the consortium officials are also counting on the involvement of small, medium and large scale farmers to supply the refinery.

“If we manage to get the quantities of seed that can justify setting up a factory to extract the oils both for export and for national consumption, Galbuzi will certainly move ahead with the project,” Barradas said.