BIODIESEL - JAKARTA. Indonesia president-elect Prabowo Subianto hoped to implement mandatory 50% palm oil-based biodiesel blending by early next year, which he said would cut fuel imports by $20 billion per year.
Indonesia last week said it planned to raise the blending to 40% in January 2025, from the present 35% concentration in an effort to reduce fuel imports and lower emission from fossil fuels.
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