Bioenergy International Asia expo & conference to highlight Malaysian opportunities
In Malaysia, Plantations and Commodities Minister Bernard Dompok has announced that the government is looking at cutting the subsidy for diesel, which currently costs 1.75 ringgit (€0.4) per litre, to encourage the use of the biofuel. These cuts would begin next year, and the government has given five petroleum companies a total of 5 million ringgit to help build the necessary infrastructure for the introduction of B5 biodiesel. Petronas, Shell, Chevron, Exxon and BHP will each receive 1 million ringgit.
Accordingly, the Bioenergy International Asia expo & conference, being held in Kuala Lumpur on 10-11th November will focus on sustainability standards, plant finance and investment, new feedstock possibilities, managing price risk exposure and a global overview of the biofuels market across Asia.
The conference programme also includes presentations from successful producers across Asia such as Alpha Biofuels, Pacific Bio-Fields Holdings, Indo Biofuels Energy and Inbicon. This conference is twinned with Tank Storage Asia expo & conference.
Category: Fuels
