Indonesia to increase bio content for diesel to 15%: chief econ minister

[JAKARTA] Indonesia will increase the minimum bio content in diesel fuel for transport to 15 per cent from 10 per cent, the chief economic minister said on Friday, in a move it hopes will help cut costly diesel imports.

An increase would follow an earlier 2013 regulation that Southeast Asia's biggest economy and the top producer of tropical palm oil introduced to help boost the use of palm-based biodiesel and cut fuel imports.

"At the moment the biodiesel (mix) is 10 per cent, it will be increased to 15 per cent," Sofyan Djalil told reporters.

REUTERS