Indonesia may give tax breaks to support new biodiesel mandates

Indonesia may introduce tax breaks for crude palm oil producers to head-off a budgetary problem caused by overlapping biodiesel legislation announced in recent weeks, energy ministry officials said on Monday.

Looking to protect its biofuels industry against lower crude prices and cut costly diesel imports, Indonesia's government ramped up biodiesel subsidies last month after getting parliamentary approval for its 2015 budget.»