Import of diesel will be completely stopped from 2026
-
Media Baaji
- Fri, 12 December 2025
let's break Indonesia has set a goal to completely stop the import of diesel from 2026 with the aim of strengthening energy security. The government is rapidly expanding the biodiesel program and increasing domestic oil refining capacity, which will reduce dependence on foreign fuels.
The new 'B(50) biodiesel' blend that will be implemented across the country is the mainstay of this plan and it is targeted to start using it from 2026. According to the Minister of Energy and Mineral Resources, Bahlil Lahadalia, the B(50) program and the increase in the capacity of oil refineries will lead Indonesia to stop importing diesel.
After the expansion of Balikpapan Refinery, its daily processing capacity will reach 360,000 barrels, which is expected to increase domestic production and bring about a long-term reduction in diesel imports. Indonesia has long been dependent on imported diesel for transportation, industrial operations and power generation. But due to rising world market prices and import costs, the government has emphasized on developing domestic alternatives. Biodiesel produced from palm oil has contributed significantly to increasing farmers' incomes, expanding industries and diversifying the energy mix.
Express
Related News
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 64 paisa and the selling rate is 148 rupees 24 paisa. The buying...
In the month of October, the interest rate of commercial banks decreased, which one gives how much?
Kathmandu. According to the interest rate published by the commercial banks for the month of October, it has been seen that the maximum average interest rate of deposits has decreased. In the month of October, the maximum average interest rate for...
20.75 points decline in NEPSE, turnover of 8.36 billion
Kathmandu. On the second trading day of the week, the NEPSE index decreased by 20.75 points to 2642.15. During the day, 25 million 559 thousand 55 shares of 354 companies were bought and sold, and 8 billion 36 million 44 million shares were traded...
The budget is meant to feed the ambitious and wealthy, the target is not met: Former Finance Minister Mahat
Kathmandu. Former finance minister and Nepali Congress leader Dr. Prakasharan Mahat has commented that the budget for the next financial year 2083-84 brought by the government is very ambitious and it has taken a policy to feed the rich class rath...
The price of gold decreased by 4400 rupees in one day, how much did it go?
Kathmandu. On Monday, the price of gold in the Nepalese market also decreased. Today gold has increased by 4 thousand 300 rupees. Gold, which was traded at 288,500 rupees yesterday, will be traded at 284,200 rupees today, according to the Nepal Go...
The price of gold and silver increased, how much did it reach per tola?
Kathmandu. On Wednesday, the price of gold and silver increased in the Nepali market. According to the Federation of Nepal Gold and Silver Dealers, today the price of gold has increased by 800 rupees per tola. Along wi...