Tag: Indonesia

Indonesia flipping back and forth on raising fuel prices

Indonesia flipping back and forth on raising fuel prices

October 10, 2018 |

In Indonesia, on the back of rising petroleum prices, the Jakarta Post reports that Pertamina raised fuel prices for non-public service obligation (PSO) biodiesel blends and regular gasoline. PSO fuel prices remained unchanged. The company said that it wasn’t going to raise fuel prices in regions recently hit by back-to-back natural disasters. Just a few […]

Read More

Indonesian researchers creating consortium to promote 2G biofuels

Indonesian researchers creating consortium to promote 2G biofuels

October 9, 2018 |

In Indonesia, Tempo reports that the Indonesian Institute of Sciences is seeking partners for a consortium that will work to develop and implement second generation ethanol production in the country as a way to reduce fossil fuel imports as well as use up the abundant amount of crop waste available nationwide. Empty fruit bunches from […]

Read More

Indonesia teaming with ENI to convert old oil refineries to biodiesel production

Indonesia teaming with ENI to convert old oil refineries to biodiesel production

October 9, 2018 |

In Indonesia, Reuters reports that the country is collaborating with ENI to see if it’s feasible convert Pertamina’s Plaju and Dumai refineries into biodiesel production facilities. Both refineries were built in the 1930s with refining capacity of 133,700 bpd and 170,000 bpd respectively. Conversion of refining production capacity into biodiesel production is becoming more common […]

Read More

Indonesian biodiesel production seen rising 40% in 2019

Indonesian biodiesel production seen rising 40% in 2019

October 1, 2018 |

In Indonesia, Malaysia’s Star newspaper reports that Indonesia’s biodiesel production could soar 40% to 7 million metric tons in 2019 thanks to increased demand spurred by the government’s push to 20% blending mandate from the previous 15%. Palm oil production is seen topping 40 million tons next year, up from more than 39 million tons […]

Read More

Fines coming for companies that fail to distribute B20

Fines coming for companies that fail to distribute B20

September 26, 2018 |

In Indonesia, Economic Coordinating Minister Darmin Nasution threatened companies who don’t distribute a 20% blended biodiesel, or B20, with fines. The mandatory biodiesel blend came into force on September 1st. The threat came during a coordination meeting that was to discuss the implementation of the policy and Darmin said the fine would be imposed on […]

Read More

Crude palm oil price strengthens after last week’s drop

Crude palm oil price strengthens after last week’s drop

September 24, 2018 |

In Indonesia, the price of crude palm oil on the Malaysia Derivatives Exchange gained 0.79% to a record level MYR2.160 / ton in Monday’s trading, thereby eliminating the weakening for 5 consecutive days the week before which had seen a drop of 3.55%. Strengthening world oil prices as well as rising soybean oil prices helped, […]

Read More

Indonesia halts all new palm oil plantations for 3 years

Indonesia halts all new palm oil plantations for 3 years

September 22, 2018 |

Like a big red stop sign in your face, the palm oil debate seems to be unyielding. It’s in newspapers, in documentaries like Leonardo DiCaprio’s Before the Flood movie, even dinner table conversations as families and friends munch on chocolate desserts made with palm oil. The battle continues between the European Union and its anti-palm […]

Read More

Indonesian palm oil production hits four-year high in August

Indonesian palm oil production hits four-year high in August

September 20, 2018 |

In Indonesia, Reuters reports that while Indonesia looks to absorb more palm oil through its B20 blending mandate, its production continues to grow. August saw production hit a four-year high at more than 4 million metric tons. Exports also slid slightly from July to 2.83 million tons while domestic consumption rose to 1.05 million tons, […]

Read More

Indonesia pushing power company to switch to biodiesel by 2020

Indonesia pushing power company to switch to biodiesel by 2020

September 18, 2018 |

In Indonesia, the Jakarta Post reports that the energy minister said in a speech electricity company PLN could convert its 2,000MW of fossil fuel-powered production to crude palm oil-based biodiesel in the next two years. He called on the company to fall in line with others like Pertnamina in reducing fossil fuel use whose imports […]

Read More

Pertamina already hit 80% of its B20 target as of September

Pertamina already hit 80% of its B20 target as of September

September 17, 2018 |

In Indonesia, the Jakarta Post newspaper reports that Pertamina has already achieved 80% of the B20 mandate announced by the government in October but 100% implementation isn’t expected until the end of 2019. January through September consumption is seen at 1.8 billion liters of biodiesel compared to the 2.265 billion liter target. Although the mandate […]

Read More