The energy crisis in the mid 1970s coupled with the fast depleting energy reserves, increasing energy consumption and greater environmental awareness have led to an intensified search for viable alternate sources of energy globally. Vegetable oils including palm oil have been used directly as diesel fuel substitutes (Adams et al., 1983, Akor et al., 1983, Pryde, 1983, Strayer et al., 1983, Ziejeswki and Kaufman, 1983). These efforts have shown that all the vegetable oils tested can be used as fuel with some reservations. The most detrimental properties of these oils are their high viscosity, low volatility, poor atomization and auto-oxidation.