Indonesia doubles 2028 bioethanol blend target to 20%

Bloomberg · yesterday
  • Indonesia is doubling its 2028 bioethanol-blending target to 20%, accelerating a push under President Prabowo Subianto to reduce reliance on fuel imports.
  • Authorities are preparing about 2 million hectares across Java, Sumatra, Kalimantan and Papua for sugarcane cultivation, Coordinating Minister for Food Affairs Zulkifli Hasan said.
  • Sovereign wealth fund Danantara will develop ethanol-processing facilities to support the expanded blending mandate.

Quotes

Indonesia is doubling its 2028 bioethanol-blending target to 20%, accelerating a push under President Prabowo Subianto to reduce reliance on fuel imports.Bloomberg
Authorities are preparing about 2 million hectares across Java, Sumatra, Kalimantan and Papua for sugarcane cultivation, Coordinating Minister for Food Affairs Zulkifli Hasan told reporters after a meeting with the president in Jakarta late Wednesday.Zulkifli Hasan
Sovereign wealth fund Danantara will develop ethanol-processing facilities.Bloomberg

Sources