Indonesian firms get 1-1/2 months to implement new B40 biodiesel mix

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JAKARTA :Indonesian companies will get a 1-1/2 month transition period to meet the new B40 biodiesel requirement, Deputy Energy and Mineral Resources Minister Yuliot Tanjung told reporters on Friday.

Indonesia had planned to launch the mandatory mix of 40 per cent palm oil fuel in biodiesel on Jan.

The delay caused the Malaysian palm oil benchmark contract to drop 2.6 per cent on Thursday.

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Category: EconomyBusiness

Markets: SingaporeIndonesiaMalaysia

Topics: Fuel Jakarta Cent Indonesia File Decree Yuliot Photo: Palm Energy Biodiesel

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-03 @ 14:22:07 (6 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 345 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24851478

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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