Indonesia Eyes Biodiesel with 40% Bio-Content during 2021-2022

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December 11, 2019

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by Wilda Asmarini, Bernadette Christina Munthe and Fransiska Nangoy (Reuters) Indonesia, the world’s largest palm oil producer, plans to implement a biodiesel program with 40% bio-content (B40) between 2021 and 2022, a government official said on Tuesday.

From January, Southeast Asia’s largest economy is set to bring in biodiesel with 30% bio-content through the B30 program, which sent palm prices higher on concern that it will export less palm oil – a feedstock for the fuel.

The government aims to start road tests using B40 next year, Luhut Pandjaitan, coordinating minister for Maritime and Investment Affairs, which oversees the energy ministry, told reporters.

President Joko Widodo sees the biodiesel program as a way of offsetting a current account deficit caused by large energy imports, while also supporting demand for palm oil, one of Indonesia’s main commodity exports.

Widodo has asked for further expansion of the biodiesel program and ordered studies on mixing palm-based fuel with jet fuel. READ MORE

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