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 foreign currency, which currency?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Monday. According to the new rates published by the Central Bank, the buying rate of one US dollar has remained at 154 rupees 21 paise and the selling rate ha...
6 percent of Bagmati budget expenditure in three months
Kathmandu. In the first three months of the current fiscal year 2082-83, the Bagmati state government has spent only about 6.19 percent of the total budget. According to Suraj Paudel, information officer of the Ministr...
What is the exchange rate of which foreign currency on Sunday?
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 145 rupees 28 paisa and the selling rate is 145 rupees 88 paisa. Similarly,...
Launch of 'Province Savings Account' by NMB Bank for all provinces
Kathmandu. NMB Bank Limited has launched a 'Province Savings Account' scheme for all the seven provinces of Nepal. Keeping in mind the local identity and financial needs of customers in different parts of the country, the bank has introduced this...
The price of petroleum products from India has increased, the price of gas and petrol has remained the same
Kathmandu. Nepal Oil Corporation has adjusted the price of petroleum products. After Indian Oil Corporation sent the new price of petroleum products, Nepal Oil Corporation has adjusted it. Accordingly, per liter petrol has increased by Rs 0.12, di...
9.43 points decline in NEPSE, turnover of 8.92 billion
Kathmandu. On the third trading day of the week, NEPSE index increased by 9.43 points to 2705.38. During the day, 201,641,883 shares of 324 companies were bought and sold, and 8,923,600,000 shares were traded. Today, while the share price of 82...