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
Here is today's foreign currency exchange rate
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. The fixed exchange rate is set at the buying rate of one US dollar at 148 rupees 67 paisa and the selling rate at 149 rupees 27 paise.
The buying r...
NEPSE rose by 28.73 points, turnover 6.47 billion
Kathmandu - On the second trading day of the week, NEPSE index increased by 28.73 points to reach 2639.37 points. 6.47 billion rupees were traded when 12.4 million shares of 335 companies were bought and sold. While the share price of 214 companie...
This week, NEPSE has decreased by normal numbers, how much is the transaction on which day?
Kathmandu. This week, NEPSE index decreased by 0.56 points and reached 2714.05 points. NEPSE, which closed at 2714.61 points last week, decreased by 73.18 points to 2714.05 points this week. The market was open for five trading days this week. In...
Medical service agreement concluded between National Life and Grandi International Hospital
Kathmandu. National Life Insurance Company Limited, the first life insurance company in the private sector, which has been successful in making its own unique identity in the life insurance business for the past 37 years with attractive bonus rate...
New exchange rate of foreign currency announced: which country's rupee is being bought and sold at?
Kathmandu. Nepal Rastra Bank has determined the new exchange rate of foreign currency for Friday. According to the information released by the Central Bank, today the buying rate of one US dollar is 153 rupees 63 paisa and the selling rate is 154...
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...