Indonesia sees rising crude oil prices boost bio content of fuel


NUSA DUA, Indonesia, November 3 (Reuters)The higher price of crude oil makes a higher blend of bio-content in fuel increasingly feasible for Indonesia, which currently has a mandatory blend of 30% palm oil in biodiesel, said Thursday a senior cabinet minister at an industry conference.

The production cost of biodiesel is currently cheaper than fossil diesel fuel, said Coordinating Minister for Economic Affairs Airlangga Hartarto. Indonesia is currently testing biodiesel containing 40% palm oil.

(Reporting by Bernadette Christina Munthe Writing by Fransiska Nangoy Editing by Ed Davies)

((Fransiska.Nangoy@thomsonreuters.com;))

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