Area
Malaysia
Commodity Group
Biofuels
Commodity
Biodiesel
Date
01/01/2021
Policy Category
Renewable energy
Policy Instrument
Bioenergy policies
Description
Announced that the nationwide rollout of the B20 biodiesel mandate (which requires the blending of regular transport diesel with 20 percent of palm oil-based diesel) would be postponed from mid-2021 to early 2022, due to economic difficulties caused by the COVID-19 crisis.
Notes
MALAYSIA biodiesel policy: In January, the Government announced that, given the economic difficulties caused by the COVID-19 pandemic, the nationwide roll-out of its B20 biodiesel mandate (which requires the blending of regular transport diesel with 20 percent of palm oil-based diesel) would be postponed from mid-2021 to early 2022 (see also MPPU Nov.20). Meanwhile, the recent surge in palm oil prices led to a widening in the oils premium over mineral oil prices, reducing the competitiveness of palm oil as biodiesel feedstock.
