Use of Biodiesel Saves Indonesia Foreign Exchange Up to IDR 120.54 Trillion

Illustration (Photo: Doc Antara)

JAKARTA - The Ministry of Energy and Mineral Resources claims that the use of biodiesel can save the country's foreign exchange up to IDR 120.54 trillion from the realization of biodiesel in 2023.

Head of the Bureau of Communication, Public Information Services, and Cooperation of the Ministry of Energy and Mineral Resources Agus Cahyono Adi revealed that the realization of biodiesel utilization in recent years has shown an upward trend.

"The economic benefits of the realization of biodiesel in 2023, there is a saving of the country's foreign exchange of IDR 120.54 trillion," said Agus, Monday, October 28.

In addition, there is also an increase in the added value of CPO to biodiesel of IDR 15.82 trillion, as well as the absorption of more than 11,000 people (off-farm) and 1.5 million people (on-farm).

Just so you know, based on data from the Ministry of Energy and Mineral Resources, in 2021 the realization of biodiesel reached 9.3 million KL, and in 2022 the realization of biodiesel reached 10.45 million KL.

Meanwhile, in 2023 it will increase to 12.2 million KL with the B35 mandate starting in August 2023.

Agus said that the increasing trend in biodiesel realization shows the government's commitment and seriousness in reducing dependence on fossil fuels and increasing energy security by utilizing biodiesel, which is a ratio the mixture will also continue to be improved.

"The current B35 will be increased to B40, then B50 to B60," said Agus.