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View all search resultsState-owned energy giant Pertamina is looking forward to tapping into the Philippine market with its diesel fuel and aviation turbine fuel (ATF), or avtur, that will be produced at the Bontang grass roots refinery (GRR) project in East Kalimantan, which is expected to begin operations in 2023.
Local palm oil producers predict the domestic use of biodiesel will increase by 30 percent to 40 percent in 2017 following the government’s decision to impose the 20 percent biodiesel blending (B20) policy to non-subsidized diesel fuel starting late last year.
Amid the increasing trend of global oil prices, state-owned oil and gas company Pertamina has urged the government to increase the price of subsidized diesel, known locally as Solar, in 2017 to avoid further losses from the sales of the product.
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