In Indonesia, Reuters reports the government will launch B40 road tests in February as it works to eventually roll out the higher blend. Currently 30% biodiesel in blended with fossil diesel but the country wants to push for 40%, 50% and eventually 100% biodiesel to support the local palm oil industry while reducing foreign exchange […]
In Indonesia, Antara News Agency reports the country saves $4.54 billion in foreign exchange as a result of its B30 blending mandate in 2021. This year, 9.21 billion liters of B30 were distributed by oil marketing companies while in 2022 that figure is expected to reach 10.15 billion liters, leading to further foreign exchange savings. […]
In Indonesia, Reuters reports the head of the Estate Crop Fund expects palm oil production to reach 51.01 million metric tons in 2022, 2.6% higher than in 2021. He sees exports rising as well to 27.9 million tons versus 27.08 million tons this year while domestic consumption is seen rising to 11.4 million tons from […]
In Indonesia, Reuters reports the country will need to achieve 40% biodiesel blending by 2024 in order to reach its renewable energy use targets of 23% by 2020. The original plan was to hit B40 by 2021 but high palm oil prices that have stalled the mandate at 30%. Biodiesel consumption is set to hit […]
In the UK, the countervailing duty on biodiesel from Indonesia was imposed by the EU on behalf of the UK and the other member states. The Secretary of State for International Trade transitioned the countervailing duty to continue applying in the UK after the transition period. A transition review of the countervailing duty will be […]
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 […]
In Indonesia, Reuters reports that Indonesia conducted its first test flight using jet fuel partially from palm oil, a senior minister said, as the country plans to commercialize the fuel as it seeks creative ways to use the edible oil domestically. The plane flew more than 100 km (62.14 miles) from the capital Jakarta to […]
In Indonesia, the Jakarta Globe newspaper reports that Pertamina successfully flew a CN-235 propeller aircraft using a 2.4% blend of the company’s Bioavtur aviation biofuel. The flight from Jakarta to Bandung was the first test flight using the fuel that is produced from palm oil. Bioavtur production is set to start at Pertamina’s refinery in […]
In Indonesia, Pertamina has achieved a new milestone in national aviation industry through the production of ‘Bioavtur J2.4’, a clean energy innovation based on biofuels for air transportation. The trial of the use of Bioavtur J2.4 on the CN235 FTB aircraft is a sign of the successful use of the biofuel produced by the Pertamina […]
In Indonesia, Reuters reports that high palm oil prices are forcing the country to push back its B40 ambitions. Originally set for roll out in July from the current 30% blending level, the program has been delayed indefinitely but a senior energy ministry official did indicate it would be difficult to reach B40 in 2022. […]
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