Indonesia’s B30 2020 consumption seen lower at 8B liters

In Indonesia, Reuters reports that a combination of falling fuel demand due to COVID-19 and low petroleum prices will only see the country blend about 8 billion liters of B30 this year compared to the 9.6 billion liters previously expected. Between January and March, the country consumed 2.1 billion liters of B30. It has been pushing for an increase in biodiesel consumption, regularly raising the blending mandate as it attempts to reduce consumption of imported fossil fuels that weigh heavily on its foreign exchange reserves.