Malaysia is expected to allow for a higher percentage of palm biodiesel blends over the next few decades, the international trade and industry ministry said. The ministry said in a statement on Saturday that it is working with the Primary Industries Ministry to include a so-called "B20/B30-ready" specification for vehicles.

The aim is to increase the minimum bio-content local producers must add to its biodiesel fuel to 20%, double the current level. In December under the B10 biodiesel mandate, the government increased the bio-content to 10% from 7%. Trade Minister Darell Leiking said that as the largest exporter of palm oil in the world, Malaysia is in a position to ensure that this commodity especially benefits "the energy and transportation ecosystem."

Copyright Reuters, 2019