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Indonesia offering incentives for new 100% palm oil-based "green diesel"


  • Palm Oil
  • Wednesday, 25 Jul 2018

"We already have a prototype and in three years we will be ready to produce it," Hartarto told Reuters in an interview last week.  "Green diesel" made completely from palm oil has "the same specifications as petrol" and is compliant with the Euro IV emissions standard, said Hartarto, who chairs the country's second-biggest political party, Golkar

"We already have a prototype and in three years we will be ready to produce it," Hartarto told Reuters in an interview last week. "Green diesel" made completely from palm oil has "the same specifications as petrol" and is compliant with the Euro IV emissions standard, said Hartarto, who chairs the country's second-biggest political party, Golkar

JAKARTA: Indonesia, the world's biggest palm oil producer, is offering incentives to developers of a new 100 percent palm oil-based "green diesel", which the net oil importer hopes can replace costly fuel imports within three years, the country's industry minister said.

Biodiesel for land transportation in Indonesia currently consists of a 20 percent bio component that is mixed with petroleum diesel. That component is expected to be raised to 30 percent in 2020.

Palm Oil , Oil & Gas , Plantations

   

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