Indonesia to accelerate ethanol blending as oil prices surge
In Indonesia, Jakarta Globe reported that Indonesia plans to accelerate the adoption of bioethanol blending in gasoline as global oil prices surge due to the armed conflict in the Middle East, Energy and Mineral Resources Minister Bahlil Lahadalia said.
The government is developing ethanol-blended fuel as part of its broader strategy to reduce reliance on fossil fuels and support the transition to cleaner energy, according to the report.
The urgency of the policy has increased following the spike in oil prices triggered by the escalating military conflict involving the United States, Israel, and Iran, it added.
Bahlil previously announced a plan to introduce E20 gasoline — fuel containing 20% ethanol — by 2028 as part of efforts to reduce Indonesia’s dependence on imported gasoline.
However, the government may accelerate the timeline in response to geopolitical developments in the Middle East, which continue to affect countries heavily reliant on fossil fuels, the report said.
Category: Policy
