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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
