Indonesia to save $4B in fossil fuel imports in 2021 thanks to biodiesel blending

October 25, 2021 |

In Indonesia, the Antara news agency reports the president estimates the country has saved as much as $4 billion on fossil fuel imports in 2021 thanks to biodiesel blending compared to $2.7 billion in savings in 2020. With palm oil production potential as high as 52 million metric tons annually, the president wants to see a shift not only towards more biodiesel production but also more products that can come from the feedstock as a way to boost job creation.  

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Category: Policy

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