Import of diesel will be completely stopped from 2026
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
Bamjan Acquitted in Money Laundering Case
Kathmandu: The Sarlahi District Court has acquitted Ram Bahadur Bamjan, known as the Little Buddha, in a money laundering case. On Baisakh 8, a bench led by Judge Mahendra Raj Kafle ruled that the charges in the case were not substantiated and dec...
Chandragiri Investment Group will issue 'IPO' shares
Kathmandu. Chandragiri Investment Group Limited is going to issue a primary share IPO for ordinary citizens. The company's first general meeting held today passed the proposal to issue the IPO. The authorized capital of the company is Rs 50...
VAT on electricity will be applicable from July 1 only
Kathmandu. The government has made it clear that the value added tax (VAT) imposed on electricity services will only be implemented from July 1. The Internal Revenue Department has said that even if the bill for electricity consumed in the month o...
Concrete steps have been taken to control wasteful expenditure and financial governance: Prime Minister
Kathmandu. Prime Minister Sushila Karki has said that during the 100-day period of the government, concrete steps have been taken to control wasteful expenditure and financial governance. The Prime Minister said this while addressing on the occasi...
Government's priority in building high capacity transmission lines
Kathmandu. The government has announced a deadline for constructing high-capacity transmission lines to deliver the produced electricity to the major load centers, sell and distribute excess electricity at the regional and sub-regional levels.
...NEPSE decreased by 8.16 points today, turnover of 7 billion 94 crores
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 8.16 points to 2662.91. During the day, 196 million 16 thousand 395 shares of 335 companies were bought and sold, with a turnover of 7 billion 94 million 27 million shar...



