Area
Indonesia
Commodity Group
Biofuels
Commodity
Biodiesel
Date
01/12/2018
Policy Category
Renewable energy
Policy Instrument
Biofuel policy
Description
Announced additional measures to boost domestic biodiesel consumption, with a view to enhancing the uptake of crude palm oil, amid fluctuations in the commoditys global market price.
Notes
According to media reports, after last years shift to 20 percent biodiesel blends in the countrys transport sector (see MPPU Aug.18), the Government plans to further boost domestic biodiesel consumption, with the aim to enhance the uptake of crude palm oil amid fluctuations in the commoditys global market price. In particular, the viability of raising the content of biodiesel in fuels to 30 and even 100 percent is being analysed. In the meantime, state-owned oil company Pertamina is said to consider setting up three new biodiesel refineries.
