Indonesia may ditch diesel subsidy

March 15, 2016 |

In Indonesia, a proposal to eliminate the 10-cent-per-liter subsidy has been put forward, which could make UCO more attractive as a feedstock by improving its competitiveness, but the policy must first make its way through Parliament. The move is in line with the president’s attempts to cut government fuel spending by more than 90%. The energy security fund and infrastructure are likely investments for the funds no longer needed for the diesel subsidy, which thanks to low oil prices no longer makes sense.

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Category: Policy

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