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
There is no shortage of gas in the market: Nigam
Kathmandu. In Nepal, the Oil Corporation has stated that there is no shortage of LP gas for cooking in the market as it has been regularly supplied. India's Barauni Refinery Center was closed for a week for repairs and it took time to supply gas f...
The claim of the Ministry of Energy that the authority will also get the benefit of the international transmission line
Kathmandu. The government has made it clear that the Nepal Electricity Authority will also receive the benefits from the international transmission line to be built between Nepal and India. An agreement has been signed...
The price of gold and silver increased, now how much per tola?
Kathmandu. Today on March 3, the price of gold and silver has increased in the Nepalese market. Gold has increased by Rs 400 per tola while silver has increased by Rs 70 per tola.
The Nepal Gold and Silver Traders Federation has informed tha...
Parliamentary committee directive to government to implement tracking system on gas cylinders
Kathmandu. The Committee on Industry and Commerce and Labor and Consumer Affairs of the House of Representatives has instructed the government to use modern technology and implement an effective tracking system for the consumption, management and...
The government gave the permission, the industrialists increased the price of gas
Kathmandu. Industrialists have increased the price of cooking gas. The industrialists have increased the price of gas by 150 rupees and 18 paise per cylinder on the pretext of increasing the cost of transportation due to the blockage of Prithvi Hi...
Financial statements of companies applying for IPOs will now be subject to mandatory review
Kathmandu. The Nepal Securities Board has implemented a system to review the financial statements of companies applying for initial public issue IPO through accounting experts. The board has issued the 'Standards for Revision of Financial Statemen...



