{"id":151289,"date":"2019-01-15T16:19:51","date_gmt":"2019-01-15T09:19:51","guid":{"rendered":"https:\/\/setkab.go.id\/?p=151289"},"modified":"2019-01-15T16:19:51","modified_gmt":"2019-01-15T09:19:51","slug":"b20-policy-saves-937-84-million-in-foreign-exchange-energy-ministry","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/b20-policy-saves-937-84-million-in-foreign-exchange-energy-ministry\/","title":{"rendered":"B20 Policy Saves $937.84 Million in Foreign Exchange: Energy Ministry"},"content":{"rendered":"<p><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/01\/Biosolar-300x185-1.jpg\" rel=\"attachment wp-att-151331\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-151331\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/01\/Biosolar-300x185-1-300x185.jpg\" alt=\"Biosolar-300x185\" width=\"300\" height=\"185\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/01\/Biosolar-300x185-1.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/01\/Biosolar-300x185-1-150x93.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>The use of B20 fuel &#8211; a mixture of 20% biodiesel and 80% petroleum diesel &#8211; has had a positive impact on saving the country\u0092s foreign exchange since it was implemented in September 2018.<\/p>\n<p>\u0093In the past four months, massive policies for various sectors are able to save US$937.84 million,\u0094 Oil and Gas Director General of Ministry of Energy and Mineral Resources (ESDM) Djoko Siswanto said at the Ministry\u0092s Office, Jakarta, Monday (14\/1).<\/p>\n<p><!--more-->According to Djoko, the implementation of B20 is proof of the Government\u0092s commitment to national energy security issues, which are also a serious problem going forward, particularly to help reduce the dominance of fossil fuel use.<\/p>\n<p>In addition to the B20 policy, the conversion of fuel to Liquified Petroleum Gas (LPG) was also applied by the Government as an effort to diversify energy. In 2018, a total of 6.55 million Metric Ton (MT) of subsidized LPG and 0.99 million MT of non-subsidized LPG were distributed to 530 public service obligation (PSO) of bulk filling stations (SPBE) and 103 non-PSO SPBE.<\/p>\n<p>\u0093The savings obtained from this conversion policy for a year amounting to Rp29.31 trillion (unaudited),\u0094 said Djoko.<\/p>\n<p>In the 2018 Ministry\u0092s performance report, it was recorded that the realization of fuel sales reached 67.35 million KL (kilo liters), consisting of 16.12 million KL subsidized fuel including solar diesel fuel, kerosene, and premium as well as non-subsidized fuel amounting to 51.23 million KL. The sale is channeled to 6,902 Public Fuel Filling Stations\/state owned oil and gas company Pertamina\u0092s Fuel Filling Stations for Fishermen and a publicly listed fuel trader PT AKR Corporindo.<\/p>\n<p>When it comes to subsidized fuel, the realization rate is almost close to the total budget allocated in the 2018 State Budget, which is 16.23 million KL. This is due to the obligation for business entities to distribute premium in Java, Madura, and Bali under Presidential Regulation Number 43 of 2018 on the Provision, Distribution, and Retail Price of Fuel, signed on 23 March 2018.<\/p>\n<p>As for non-subsidized fuel, the Government will evaluate the decrease in the price of this type of fuel once a month.<\/p>\n<p>\u0093We are currently evaluating, Pertamina has just decreased the price yesterday,\u0094 said Djoko, adding that the period was considered appropriate in order to avoid confusion in the public. <strong>(Public Relations of Ministry of Energy and Mineral Resources\/ES)<\/strong><strong>\u00a0<\/strong><\/p>\n<p>Translated by: Muhardi<\/p>\n<p>Edited by: Yuyu Mulyani<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The use of B20 fuel &#8211; a mixture of 20% biodiesel and 80% petroleum diesel &#8211; has had a positive impact on saving the country\u0092s foreign exchange since it was implemented in September 2018. \u0093In the past four months, massive policies for various sectors are able to save US$937.84 million,\u0094 Oil and Gas Director General [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":151330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-151289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>B20 Policy Saves $937.84 Million in Foreign Exchange: Energy Ministry - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/b20-policy-saves-937-84-million-in-foreign-exchange-energy-ministry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"B20 Policy Saves $937.84 Million in Foreign Exchange: Energy Ministry - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"The use of B20 fuel &#8211; a mixture of 20% biodiesel and 80% petroleum diesel &#8211; has had a positive impact on saving the country\u0092s foreign exchange since it was implemented in September 2018. \u0093In the past four months, massive policies for various sectors are able to save US$937.84 million,\u0094 Oil and Gas Director General [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/b20-policy-saves-937-84-million-in-foreign-exchange-energy-ministry\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-15T09:19:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2019\/01\/Biosolar-300x185-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"185\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; 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