Draining Coffers for Biodiesel - Economy - magz.tempo.co

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Draining Coffers for Biodiesel

Tuesday, June 16, 2020

The government decided to inject some Rp2.78 trillion to support the Indonesian Palm Oil Plantation Fund Management Agency in the swelling B30 program. It is seen as only benefiting oil palm oil giants that produce biodiesel.

B0, B20, B30, and B100 biodiesel at the launch of B30 program in the energy and mineral resources ministry, Jakarta, June 2019./ Tempo/Tony Hartawan. tempo : 173055748962.

LATELY, Eddy Abdurrahman has been meticulously following price developments of global crude oil and palm oil, also the exchange rates of the US dollar and rupiah. This former customs director-general has been anxiously following the fluctuation in these three indices since he has been appointed as Chief Executive Officer (CEO) of Indonesian Oil Palm Plantation Fund Management Agency (BPDPKS) on March 2. “I follow it from day-to-day,”

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