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 which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...
Everest Color will issue IPO from May 16
Kathmandu. Everest Color Limited is going to issue ordinary share IPO for the Nepalese who are employed abroad in the first phase from this 16th of Baisakh. The company has received permission from the Nepal Securities Board to issue 16.33 percent...
Tulsi Ram Agarwal, Chairman of Nishi Asia Bank, has resigned
Kathmandu. Tulsi Ram Aggarwal, Chairman of NISH Asia Bank, has resigned. Agarwal submitted his resignation letter in the meeting of the board of directors held on Sunday. The bank informed that his resignation was accepted at the same meeting. The...
What is the exchange rate of which foreign currency on Tuesday?
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 147 rupees 58 paisa and the selling rate is 148 rupees 18 paisa. Similarly,...
The implementation of the agreement to give 60,000 milk per day from small farmers to DDC has started
Kathmandu. Nepal Agricultural Cooperative Central Association, Small Farmers Development Lagufinance Financial Institution Ltd. And the tripartite agreement between the Milk Development Institute to buy and sell more than 60,000 milk per day has b...
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...