Tag: B35

Indonesia’s government needs to fork out $1.75B to fill funding gap for B35 program

Indonesia’s government needs to fork out $1.75B to fill funding gap for B35 program

April 29, 2024 |

In Indonesia, the Jakarta Post newspaper reports the Oil Palm Plantation Fund Management Agency says rising prices and export costs for crude palm oil (CPO) will leave the fund $1.75 billion short to subsidize the country’s B35 program. The 55% hole in revenue is a result of significantly lower exports, exports which has a levy […]

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