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View all search resultsSeveral cooking oil producers and retailers have filed cases against the Trade Ministry seeking to reclaim what they say are billions of rupiah in losses resulting from government policies last year intended to bring down the price of the commodity.
The government’s “green fuel” program is expected to help boost the share of renewable energy in the country’s energy mix to 23 percent by 2024 from 8.55 percent in 2018 and lower fossil fuel use and crude oil imports. Domestic biofuel consumption is also expected to rise to 17.4 million kiloliters by 2024 from 6.9 million kiloliters in 2020.