(EnergyAsia, July 1, Wednesday) — The Indonesian government has proposed to raise the country’s biofuel subsidy to 1.55 trillion rupiah next year. (US$1=10,132 rupiah). The increase was linked to the increase in international crude oil prices, according to the country’s director general for oil and gas. Crude has more than doubled since the…
INDONESIA: Government aims to raise biofuel subsidy
Posted on June 30, 2009 by EnergyAsia