Government to propose new pricing for biofuel
Bareksa • 06 Mar 2014
Berbagai jenis bensin yang dikonsumsi masyarakat - (Kontan/Fransiskus Simbolon)
The new calculation formula would likely be implemented in 2015
Kontan - The government is planning to introduce a new arrangement that will set the price of biofuel for a mandatory fuel blending program in a bid to encourage more biofuel producers to supply the domestic market.
The Energy and Mineral Resources Ministry director for bioenergy, Dadan Kusdiana, said on Wednesday that the new calculation formula was currently being prepared and would likely be implemented in 2015.