Biodiesel price must be controlled, says Kok


Deadline 2019-06-14, The Star:

The government has set up a committee – comprising four ministries – to come up with a mechanism to control the price of biodiesel containing 20% bio-content (B20) palm oil to boost domestic usage, says Primary Industries Minister Teresa Kok.

The committee will comprise of her ministry, Finance, International Trade and Industry ministries and the Prime Minister’s Department, she said, adding that the matter was discussed at the Cabinet meeting on Wednes­day.

Kok said there is a concern the price of palm biodiesel will increase if it is widely used.

“Therefore, we have to come up with a set of regulations after discussions with the related agencies,” she said after speaking at a seminar on Biodiesel (B7) implementation in the Industry Sector at a hotel here yesterday.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: