Tag: Pertamina

Pertamina wants Indonesian parliament to cap palm oil prices to secure feedstock supplies

Pertamina wants Indonesian parliament to cap palm oil prices to secure feedstock supplies

February 25, 2020 |

In Indonesia, Reuters reports that with Pertamina investing at least $600 million in one of its plants to produce biodiesel as well as in two others, it has asked the Parliament to cap palm oil prices on sufficient volume to cover its feedstock demand. The state-owned oil company wants to see a mandatory portion of […]

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Pertamina exchanges Eni for UOP over palm oil sustainability

Pertamina exchanges Eni for UOP over palm oil sustainability

January 30, 2020 |

In Indonesia, Reuters reports that state-owned Pertamina has decided to call off its year-old cooperation deal with Eni to jointly develop biodiesel production because Eni required that palm oil have internationally-recognized certification even though the fuel would be produced in Indonesia. Palm oil sustainability has come under increased scrutiny over recent years as Europe tightens […]

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Pertamina to develop business case for B100

Pertamina to develop business case for B100

December 5, 2019 |

In Indonesia, Tempo newspaper reports that the former governor of Jakarta, Pertamina’s new chief commissioner, has said the state-owned oil company must head for B100 on the back of a request from the president, a goal he says the company is capable of achieving. With the country’s significant palm oil supplies on hand as feedstock, […]

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Indonesia to roll out B30 trial ahead of mandate implementation in January

Indonesia to roll out B30 trial ahead of mandate implementation in January

November 11, 2019 |

In Indonesia, the Jakarta Post newspaper reports that the government is set to roll out a B30 trial this month nationwide ahead of implementation of the full B30 mandate in January. Pertamina has said that it is ready to start with the trial to ensure that its distribution infrastructure such as storage facilitates and transportation […]

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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 […]

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Indonesia looks to attract mining industry biodiesel consumption through subsidy expansion

Indonesia looks to attract mining industry biodiesel consumption through subsidy expansion

January 1, 2018 |

In Indonesia, from May the government hopes to expand the subsidy for its biodiesel blending policy to non-public sector organizations with an eye specifically on the mining sector in an effort to boost demand for the fuel. In 2017, $712.3 million in subsidies were paid out, slightly less than the year before, but it was […]

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Pertamina and AKR Corporindo will only buy 1.6 billion liters of biodiesel between May and October

Pertamina and AKR Corporindo will only buy 1.6 billion liters of biodiesel between May and October

April 18, 2016 |

In Indonesia, Pertamina and AKR Corporindo will only buy 1.6 billion liters of biodiesel between May and October compared to 1.87 billion liters sourced between November and April. The drop in purchases is in line with falling demand due to low diesel prices, despite the Estate Crop Fund agency reimbursing the price difference. Last year’s […]

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Pertamina expects to source 5.14 million kiloliters of biodiesel in 2016

Pertamina expects to source 5.14 million kiloliters of biodiesel in 2016

November 23, 2015 |

In Indonesia, Pertamina expects a demand of 5.14 million kiloliters of palm oil biodiesel in 2016 to achieve the 20% blending mandate, of the total 26 million kiloliters the country will consume that year. That’s a five-fold increase over the company’s biodiesel consumption this year. It has already sealed contracts with 11 suppliers to for […]

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Pertamina sees shift from diesel importer to exporter thanks to B20

Pertamina sees shift from diesel importer to exporter thanks to B20

November 10, 2015 |

In Indonesia, Pertamina expects the country won’t need to import fossil diesel between 2016 and 2018 thanks to the B20 biodiesel mandate set to come in next year. When the mandate is implemented, the company expects to have surplus diesel available for export, perhaps as much as 600,000 barrels per month, while the domestic market […]

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Pertamina and AKR to purchase 765,000 kiloliters of biodiesel to satisfy B15 before year’s end

Pertamina and AKR to purchase 765,000 kiloliters of biodiesel to satisfy B15 before year’s end

August 18, 2015 |

In Indonesia, Pertamina and AKR say they will purchase 765,000 kiloliters of biodiesel to satisfy the new B15 blending mandate for the rest of 2015, with 339,000 kl to be purchased between now and October and the remaining to be purchased later in the year, predominantly from Wilmar, Eterindo, Musim Mas, Pelita Agung and Darmex Agro. […]

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