Hit by oil crash, Indonesia set to delay B40 biodiesel, stay with B30 for now


download

JAKARTA: Indonesia is likely to delay plans to raise bio-content in palm oil-based biodiesel to 40%, and keep going with an already ambitious 30% content, a senior official said, amid speculation that low crude prices could force a government re-think.

The biodiesel programme is a key part of the government's strategy to soak up excess supplies of palm oil and curb expensive fuel imports, one of the main contributors to the country's current account deficit problem.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Indonesia , Delay , B40 Diesel

   

Next In Regional

Supply chain snags: Airlines in Malaysia, Thailand among those affected as travel demand rebounds
41 passengers injured as Hong Kong ferry bumps into pier on Central’s waterfront
DPM Zahid emphasises shared goals in meeting with Philippines President Marcos
Malaysia’s strategies as Asean chair in 2025 focus on regional value chains, says Anwar
Asean Foreign Ministers' meeting kicks off in Laos ahead of 44th and 45th Asean Summits
Asean must remain neutral to boost regional investment, says Tengku Zafrul
Engine issues force Cathay Pacific to inspect A350 fleet, cancel flights
Indonesian, Malaysian troops celebrate unity at border in honour of Malaysia's National Day
Singapore proposes new law allowing police to stop bank transfers
Two Malaysians caught with RM3.7mil worth of ganja in the Maldives

Others Also Read