Indonesia Aims for Self-Sufficient Biofuels Production
February 1, 2017http://biofuels-news.com/display_news/11781/indonesia_pushes_for_selfsufficient_biofuels_production_in_uncertain_world
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Indonesia's Coordinating Minister of Maritime Affairs, Luhut Binsar Panjaitan, recently announced that the country will promote the use of palm oil for biofuels to reduce its imports, as well as its dependency on other countries.
The Minister said that Indonesia must be ready to face changes in current global situations that can change the global political and economic maps. For instance, the US, the largest oil importer in the world as of mid-2016, has started reducing its dependency on other countries.
Indonesia will reduce imports in various sectors. The Indonesian government is now promoting the increase of palm oil usage for biofuels to 20% as it can reduce import of fossil-based fuels. The government also wants to increase the yield of palm oil farmers.
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