November 13, 2026, Friday
English

Import of diesel will be completely stopped from 2026

Main News Image

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.

mediabaaji add

Related News

What is the foreign currency exchange rate for Wednesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 56 paisa and the selling rate is 142...

More liquidity in the banking system, with the National Bank drawing a trillion rupees from the market

Kathmandu. Nepal Rastra Bank is going to issue a 91-day deposit collection tool worth one trillion rupees on Wednesday to manage the continuously increasing excess liquidity in the banking system. Since the last few months, there is more than enou...

The US dollar, UK pound sterling and Swiss franc rose

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar, UK pound sterling and Swiss franc has increased today. The buying rate of one American d...

Himali Hydro Fund convened a general meeting to pass the IPO proposal

Kathmandu. Himali Hydro Fund Limited is going to issue an IPO. The company has called the fourth general meeting to pass the IPO issue proposal. The meeting of the company will start from 10 am at the registered office of the company in Kathmandu...

Foreign currency exchange rates: US dollar becomes more expensive, euro and pound fall

Kathmandu. Nepal Rastra Bank has determined new exchange rates for foreign currencies for today, Friday. According to the latest details made public by the central bank, compared with the previous day, Thursday, the price of the US dollar has gone...

Jan Utthan Laguvitta will not distribute dividends this year as well

Kathmandu. Jan Utthan Community Small Finance Financial Institution Limited will not distribute dividends to the shareholders from the profit of the last financial year. The meeting of the microfinance board of directors held on 26th January decid...