Indonesia pushes back target for palm oil fuel refinery to 2026


The government initially aimed to start producing the so-called "green diesel" in 2023, but is moving the target to 2026, according to a document presented by chief economic minister Airlangga Hartarto at a media briefing. (Reuters file pic shows Palm oil storage tanks in Marunda, West Java.)

JAKARTA: Indonesia, the world's largest producer of palm oil, is pushing back by three years its target to produce fuel made entirely from palm oil, a government document showed on Tuesday.

The government initially aimed to start producing the so-called "green diesel" in 2023, but is moving the target to 2026, according to a document presented by chief economic minister Airlangga Hartarto at a media briefing.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
palm oil , refinery , Indonesia ,

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read