(EnergyAsia, July 13 2010, Tuesday) — The Indonesian government has proposed to provide biodiesel distributors a subsidy of 2,000 to 2,500 rupiah per liter biodiesel under its 2011 budget. (US$1=1,050 rupiah). The proposal seeks to protect domestic biofuel producers and sellers from competition and financial losses in the event of a decline in oil-based fuel…
INDONESIA: Government proposes biodiesel subsidy of up to 2,500 rupiah a liter
Posted on July 12, 2010 by EnergyAsia