Sojitz, a trading corporation, has agreed to buy 120,000 tonnes annually for three years. A spokesman for Sojitz, Yoshikazu Ichikawa, declined to reveal the value of the deal. As of 2010, Japan will require about 840 million litres of ETBE per year. Brazil, in particular the semi-private oil giant Petrobras, has been eyeing the Japanese market for ethanol fuel. However, Ichikawa says that "full replacement from gasoline to ethanol in Japan is still not realistic because of the price competitiveness of imported fuel ethanol and the difficulty to secure such a volume of ethanol, we suppose."