In 2008, the Minister of Energy and Mineral Resources (“Minister”) introduced Regulation No. 32 of 2008 on the Provision, Utilization and Commercialization of Biofuels (Bahan Bakar Nabati – “BBN”) as Other Forms of Fuel, which was subsequently amended several times, most recently through Regulation of the Minister No. 12 of 2015 (collectively referred to as “Regulation 32/2008”). As its title suggests, Regulation 32/2008 addressed various aspects specifically related to the utilization and provision of BBN, including BBN classifications and specifications, as well as permitted commercial businesses.
......