In Indonesia, Reuters reported that the Indonesian government has yet to implement a higher mandatory blend of biodiesel planned for January 1 as industry participants await technical details of the new regulation, causing confusion among palm oil traders. The government had pledged to mandate a 40% mix of palm oil-based fuel in biodiesel from January […]
In Indonesia, Bernama news agency reports that crude palm oil prices have reversed a recent upward trend that put at risk the country’s plans to shift to B40 in January. With the prices so high, they would have reduced the country’s ability to export and therefore receive income from the export levy that is meant […]
In Indonesia, Indonesia Business Post reported that state power utility PT PLN, through PLN Energi Primer Indonesia (PLN EPI), will increase the use of biomass co-firing in coal-fired power plants (PLTU) by means of waste to support environmental sustainability and also open up economic opportunities. Mamit Setiawan, Corporate Secretary of PLN EPI, said that during […]
In the UK, Oil & Gas Journal reported that Indonesia’s state-owned PT Pertamina has entered a memorandum of understanding (MoU) with PT Gapura Mas Lestari (PT GML) for supply of biogenic feedstock to support the second phase of a grassroots renewable fuels production unit at subsidiary PT Kilang Pertamina Internasional’s (PT KPI) 348,000-b/d Cilacap integrated […]
In Indonesia, Indonesia Business Post reported that Indonesia’s plan to increase the palm oil blend in biodiesel to 40 percent (B40) starting January 1, 2025 appears to be implemented gradually after industry players voiced the need for a transition period despite the government’s readiness for the policy rollout. President Prabowo Subianto, in his speech at […]
In Indonesia, the Jakarta Post reports Indonesian Palm Oil Association (Gapki) is concerned the new 10% levy recently announced by the government that will be applied to crude palm oil exports, up from the current 7.5%, with force exports to plummet. The higher levy is meant to pay for the subsidies required to achieve the […]
In Indonesia, PT Kilang Pertamina Internasional (KPI) and PT Gapura Mas Lestari (GML) signed a Memorandum of Understanding securing the supply of feedstock for the Cilacap Green Refinery project. This initiative represents a major strategic move for KPI in its pursuit of green fuel development in Indonesia. The Cilacap Green Refinery project aims to process […]
In Indonesia, Antara news agency reports the government plans to invest $1.2 billion in a methanol plant to service the biodiesel industry. Currently, about 80% of methanol consumption is imported. The 800,000 metric ton facility will be located in East Java. As the government continues to increase the biodiesel blending mandate, demand for methanol will […]
In Indonesia, Palm Oil Magazine reports the country estimates by raising its biodiesel blending mandate to 50%, demand would increase to 2 billion liters of annual crude palm oil consumption compared to the 1.34 billion liters currently consumed under B35. The blend is set to go to 40% by January 2025. Domestic production is currently […]
In Indonesia, Pertamina New & Renewable Energy (Pertamina NRE) signed a cooperation agreement with PT Pertamina International Shipping (PIS), Pertamina’s Integrated Marine and Logistics Sub Holding to strengthen the synergy between PIS and PNRE in developing a renewable energy-based transportation business, especially related to the transportation of green hydrogen and other sustainable fuels. In addition, […]
