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. […]
In Indonesia, Platts reports the FAO and OECD’s most recent joint Agricultural Outlook 2021-2030 report says the agencies believe Indonesia will drive palm oil use as biodiesel feedstock throughout the rest of the decade because of its B30 blending mandate. The report attributes 2/3 of the 7% anticipated increase in biodiesel consumption through 2030 to […]
In Indonesia, Platts reports that in line with market expectations, the government has decided to cut the export levy on palm oil to $175 per metric ton from the current $255/mt if the price of palm oil goes over $1,000/ton. A date has not yet been set for the new policy, but expectations are that […]
In Indonesia, Reuters reports data from the Indonesian biodiesel producers’ association (Aprobi) shows biodiesel consumption during the first four months of 2021 fell 8.2% on the year in line with reduced fuel consumption overall due to the global COVID-19 pandemic to 2.669 billion liters. The government this week announced it would pause the roll out […]
In Indonesia, Palm Oil Monitor reports the growing possibility of a ban on all Belgian milk and dairy products entering Indonesia, following Belgian Minister Zakia Khattabi’s announcement to ban Indonesian palm oil biofuels from entering Belgium starting in 2022. The official Indonesian Parliament website carries the comments of Dr. Herman Khaeron, Member of the International […]
In Indonesia, Reuters reports Pertamina expects to launch production of its palm oil-based diesel and jet fuel by the end of this year. The Cilacap green refinery will produce 3,000 barrels of “Green Diesel” from Refined, Bleached and Deodorized Palm Oil per day beginning in December and 6,000 barrels of jet fuel per day from […]
In Indonesia, Japan’s Nikkei newspaper reports Pertamina has gotten itself in a tight spot by following the government’s lead on palm oil biodiesel only to be left with low oil prices due to the global pandemic and high palm oil prices due to lower supplies. The company expects to lower its hydrocarbon emissions by up […]
In Indonesia, the Jakarta Post newspaper reports the national palm oil production association (GAPKI) expects palm oil production to rise 4.5% this year thanks to increased demand as the global economy begins to recover from the COVID-19 pandemic. The association estimates production could reach 53.9 million metric tons this year, up from 51.63 million tons […]
In Indonesia, Reuters reports the palm oil association plans to ask the government to review its new export levy policy if prices continue along their meteoric rise. With palm oil prices trading around $950.81 per metric ton, near 10-year highs, the feedstock makes biodiesel blending increase unviable in both Indonesia and Malaysia where governments planned […]
