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Indonesia may cut biodiesel subsidies to spur production

Thursday, March 9, 2017 - 05:50

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Indonesia is aiming to increase biodiesel consumption at a time when palm oil production is seen recovering from lingering effects of El Nino, which reduces palm fruit yields and slashes output.

Kuala Lumpur

INDONESIA is considering lowering the amount of biodiesel subsidy it provides per kilolitre to enable higher subsidised volumes of the biofuel, which counts crude palm oil as feedstock, an industry official said.

Indonesia has made it mandatory for all biodiesel to

sentifi.com

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