Indonesia to Go Ahead with B50 Biodiesel Mix this Year, President Says

BIODIESEL - JAKARTA, March 30 - Indonesia's President Prabowo Subianto said on Monday during an official visit to Japan that the Southeast Asian country will go ahead this year with its B50 palm oil-based biodiesel programme.

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"We are going in a big way to biofuel," he said at a business forum ahead of his meeting with Japanese Prime Minister Sanae Takaichi.

"We will produce this year diesel oil from palm oil and now we are increasing from 40% to 50%."

In January, authorities scrapped a plan to launch B50 - a blend of 50% palm oil-based biodiesel and 50% conventional diesel - this year due to technical and funding concerns, instead sticking with the B40 blend.

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But there have been talks to revive the plan in the light of the energy supply disruptions brought about by the U.S.-Israeli war on Iran.