2020, Mandatori Biodiesel B30 Can Be Immediate

By : Ahmad Fadli Dan Aldo Bella Putra | Tuesday, May 29 2018 - 19:00 IWST

Ilustrasi Industri Biodiesel (Foto Ist)
Ilustrasi Industri Biodiesel (Foto Ist)

INDUSTRY.co.id - Jakarta - Indonesia is the world's number one palm oil producer therefore, the government realizes the potential for palm oil to be used as biodiesel. The reason, the government through the Ministry of Energy and Mineral Resources will increase mandatory biodiesel to 30 percent by 2020.

Director of Fund Distribution of BPDPKS, Edi Wibobo, said that of 26 producers of biodiesel producing companies, there are 19 business entities that will distribute biodiesel for May-October 2018 period.

The amount is claimed to be enough to support the implementation of mandatory biodiesel improvement to 30 percent targeted to begin in 2020.

"Domestic biodiesel supply is sufficient for both B20 and B30 mandatory as it is supported by 25 bio-diesel bio-active business entities currently with an installed production capacity of 12.06 million kiloliters," he said in a press release.

He added that for 2018, Biodiesel financing is budgeted at Rp9.8 trillion with targeted biodiesel volume of 3.20 million kiloliters. Realization of biodiesel incentive payments during 2018 to April 2018 amounted to Rp3.24 trillion with volume of 0.97 million kilo liters (30.31%)

"As for the realization of the distribution of biodiesel supported by Dana Sawit since the implementation of the program (August 2015) until April 2018 reached 5.88 million kilo liters with funds disbursed amounting to Rp24, 71 Trillion with savings of foreign exchange from the reduction of diesel oil imports by Rp30 Trillion and emission reduction GHG of 8.79 Million Ton CO2e, "he said

 The amount of incentive funds contributes directly to the absorption of state tax of Rp.2.25 trillion.

News Comment

Today's Industry

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…

Celebrating 65 Years of Indonesia - Cambodia Relations: Indonesian Embassy in Phnom Penh Organizes Roundtable Dialogue

Senin, 19 Februari 2024 - 17:31 WIB

Celebrating 65 Years of Indonesia - Cambodia Relations: Indonesian Embassy in Phnom Penh Organizes Roundtable Dialogue

Phnom Penh, Cambodia - The Indonesian Embassy in Phnom Penh organised a Roundtable Dialogue celebrating Indonesia-Cambodia Relations for 65 Years at the embassy (13/2). The event was attended…