Indonesia’s B20 mandate has yet to reduce fossil fuel imports and saw them jump in November

December 19, 2018 |

In Indonesia, the Jakarta Post reports that despite implementation of a B20 mandate in September, oil imports even rose in November by more than 26% over October despite the aim of the policy being to lower fossil fuel imports. Total fossil fuel imports for the year through November were nearly 6% higher on the year. Even though imports were less than 6% higher on the year, rising oil prices mean that the value of those imports were more than 38% higher, a fact which has dragged on the country’s currency and pushed the government to implement the higher biodiesel blending mandate. The government blamed lack of infrastructure that kept B20 from reaching more remote areas which prompted additional imports but those challenges should be resolved next year.

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Category: Policy

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