Indonesian President-elect Prabowo Subianto plans to implement a 50% palm oil-based biodiesel blend by early 2025, aiming to cut fuel imports by $20 billion per year.

Indonesian President-elect Prabowo Subianto plans to implement a mandatory 50% palm oil-based biodiesel blend by early 2025, aiming to cut fuel imports by $20 billion per year. The move would increase Indonesia's crude palm oil consumption to 18 million metric tons. Current plans include raising the biodiesel blend to 40% in January 2025, up from the current 35% concentration. However, implementation of the full 50% blend may be delayed until the end of 2025 due to testing and production capacity concerns.

August 26, 2024
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