According to the Palm Oil Plantation Fund Management Agency, Indonesia's biodiesel production output jumped 300 pct to 8.5 million kiloliters in 2020 from 3 million kiloliters in 2016. (Source: Indonesian Coordinating Minister for Economic Affairs , VNA, 27 Apr., 2021) Contact: Indonesian Coordinating Minister for Economic Affairs, www.developmentaid.org
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The EU applied its duties in response to European Biodiesel Board complaints that Indonesian biodiesel producers benefit from grants, tax benefits and access to raw materials at lower than markets prices. The EU annual biodiesel market is reportedly valued at €9 billion with Indonesia accounting for roughly €400 million. (Source: EU, EC, euronews, Reuters, 13 Aug., 2019)Contact: European Commission, www.ec.europa.eu/commission/index_en
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The government had allocated 6.20 million kiloliters B20 -- 44 pct of the total quota of diesel imports, the Ministry stated.
The Indonesian government mandated B20 in 2016 in response to a drastic global fall in crude palm oil prices. The mandate was also intended to
reduce the country's dependence on imported diesel fuel.(Source: Indonesian Ministry of Energy and Mineral Resources, tempo.co, 13 Aug., 2019) Contact: Indonesian Ministry of Energy and Mineral Resources, www.esdm.go.id/en
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