Faciela is focused on countries with a compelling need for domestic production and consumption of biodiesel. The recent increase in oil prices has created foreign exchange imbalances in oil-importing countries. According to the International Energy Agency’s World Energy Outlook 2006, the estimated $7 billion increase in import costs in 2002-2005 for oil-importing sub-Saharan African countries is about seven times the total annual saving in debt payments received by the 14 African countries included in the 2005 G8 debt agreement.

Subsidies for domestic diesel consumption are very high in many Middle East and North African countries, putting considerable pressure on government budgets. In Syria, diesel subsidies are costing the government some $2 billion per year. In Saudi Arabia and Egypt, subsidies were over 80% of diesel prices in 2005. Faciela Energy is interested in working with national governments to produce biofuels as a sure way of reducing these budget expenditures.

In many countries, the availability of land and resources is ideal for growing feed-stocks to produce biodiesel. These countries may wish to invest in biofuels to save carbon or to show environmental leadership. Faciela’s strategy aligns well with the needs, interests and incentives of many countries with agriculture-based economies.

Faciela does not ignore opportunities for international trade of its products. In those countries where production more than satisfies domestic needs, Faciela will seek to market its products internationally.