November 14, 2026, Saturday
English

Import of diesel will be completely stopped from 2026

Main News Image

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.

mediabaaji add

Related News

According to experts, microfinance is raising hope at the level of small farmers

Kathmandu. Stakeholders have emphasized on the need to strengthen microfinance to facilitate the financial sector of Nepal.  Sana Kisan Development Lagufinance Financial Institution Ltd. The speakers who spoke in...

The price of gold continues to rise, how much did it reach per tola on Monday?

Kathmandu. The price of gold in the Nepalese market is constantly on the rise. Today only gold has increased by 1 thousand 900 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at...

The panic of bananas in the Nepali market, with the shortage, a huge increase in prices

Kathmandu. There is currently an extreme shortage of bananas in the Nepali market. Such a situation has been created in the market after the businessmen themselves boycotted the bananas coming in illegally through the Indian border. Traders have b...

The exchange rate of foreign currency exceeds 153 rupees in the US dollar, how much more?

Kathmandu. Nepal Rastra Bank has published the official exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 153 rupees 16 paisa and the selling rate is 153 rupees 76 paisa.

Si...

Improvement in both import and export in the three months of the current year, trade deficit increased by 12.2 percent

Kathmandu. Imports and exports have increased in the first three months of the current financial year. According to the data published by Nepal Rastra Bank, compared to the same period of the last financial year, expor...

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...