Indonesia pushes for self-sufficient biofuels production in 'uncertain' world

Indonesia pushes for self-sufficient biofuels production in 'uncertain'
world

Indonesia's Coordinating Minister of Maritime Affairs, Luhut Binsar
Panjaitan, has said the country will reduce imports and promote the use of
palm oil usage for biofuels to reduce its dependency on other countries, due
to an uncertain global environment.

According to local website netralnews.com, Panjaitan said Indonesia must be
read to face changes in a current global situation, following Donald Trump's
United States presidential election win that is said to be capable of
changing the global political and economic maps.

He said the US-which was still the largest oil importer in the world as of
mid-2016 - has started reducing its dependency on other countries, while at
the same moment trying to export gas.

Luhut added that the impact from Trump's presidential campaign victory also
affected Europe and Middle East countries, according to the news channel.
Indonesia, he said, will reduce imports in various sectors. The Indonesian
government is now promoting the increase of palm oil usage for biofuels to
20%

The requirement to use 20% of palm oil in biodiesel fuel can reduce import
of fossil fuel-based fuels. "We had been more accustomed to imports in the
last ten year. [We also want to increase] the yield from palm oil plasma
farmers to 8-10 tonnes per hectare from 2-3 tonnes per hectare. Thus, our
farmers will be more prosperous," Luhut said.

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Link to Original Article:
http://biofuels-news.com/display_news/11781/indonesia_pushes_for_selfsuffici
ent_biofuels_production_in_uncertain_world/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com