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<br>JAKARTA, July 24 (Reuters) - Indonesia, the world's most significant palm oil producer, is checking fuel with a view to increasing to 40% from 35% the share of palm-oil combined into [biodiesel](https://www.pinterest.com.au/missionnewenergy/) next year, the energy ministry said.<br> |
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<br>If implemented, the B40 [mandate](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) could [increase biodiesel](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) usage to approximately 16 million kilolitres (KL) next year, the ministry stated, from 13 million [KL approximated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to be consumed in 2024.<br> |
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<br>"We hope the trials might be completed in December, so that complete application of B40 could be brought out in 2025," energy ministry senior main Eniya Listiani Dewi said in a declaration on Tuesday.<br> |
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<br>The Indonesian [Biofuel](https://stocktwits.com/symbol/MNEL) Producers Association (APROBI) stated the market had the capacity to [satisfy](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) B40 demand, with set up [capacity expected](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to [increase](https://www.crunchbase.com/organization/mission-newenergy) to 20 million KL every year next year from 18 million KL now.<br> |
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<br>"However we will require more raw products to satisfy B40 demand," Ernest Gunawan, the secretary general of APROBI informed Reuters on Wednesday.<br> |
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<br>The [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) market would [require](https://www.crunchbase.com/organization/mission-newenergy) 13.9 million metric lots of crude palm oil to produce 16 million KL biodiesel next year, from the [approximated](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 11 million heaps needed this year, he added.<br> |
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<br>Indonesia's biggest palm oil association GAPKI said a decrease in [exports](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) indicated there would be enough basic materials to provide the B40 [mandate](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) for now.<br> |
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<br>But the market would need to assess "which one would be better", [GAPKI chairman](https://www.pinterest.com.au/missionnewenergy/) Eddy Martono stated, referring to the possibility a boost in exports would make [supplying](https://pitchbook.com/profiles/company/51278-86) the domestic market less feasible.<br> |
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<br>Indonesia's palm [oil output](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is approximated to reach 54.4 million loads in 2024, a 2.26% increase from in 2015, while exports are expected to decrease by 2.47% to 29.5 million loads as domestic usage rose, driven by [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [required](https://pitchbook.com/profiles/company/51278-86).<br> |
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<br>The ministry had [evaluated](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the biodiesel, with 40% of palm oil, on a train for the very first time earlier this week, while [planning](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) to check the B40 mix on agriculture equipment, power plants and in the shipping industry, it said. (Reporting by [Bernadette Christina](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and Dewi Kurniawati |
