{
    "success": true,
    "data": {
        "id": 1599016,
        "msgid": "middle-east-volatility-bobibos-ready-to-be-alternative-fuel-as-costs-surge-1773050029",
        "date": "2026-03-09 15:38:39",
        "title": "Middle East Volatility: Bobibos Ready to Be Alternative Fuel as Costs Surge",
        "author": "Fitriyan Zamzami",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Energy",
        "summary": "Mulyadi, founder of Bobibos (Original Fuel Made in Indonesia), has stated that the company is prepared to serve as an alternative fuel source for Indonesia amid Middle East tensions affecting fuel prices, but requires government regulation, investment, and protection to develop properly. Currently, Bobibos\u2014a biofuel derived from rice straw\u2014lacks space within Indonesia's mandatory energy transition framework, which only encompasses palm, sugarcane, and aren feedstocks. Whilst awaiting domestic government approval, Bobibos is preparing to launch in Timor Leste with presidential and prime ministerial endorsement.",
        "content": "<p>Mulyadi, founder of Bobibos (Original Fuel Made in Indonesia), has\naddressed the opportunity for Bobibos to serve as an alternative fuel\nsource for Indonesia during Middle East volatility. The unrest has\ninfluenced fuel prices owing to security escalations in the Strait of\nHormuz.<\/p>\n<p>Mulyadi stated that in principle Bobibos is ready to function as an\nalternative fuel for Indonesians. However, this readiness remains\nhindered by government approval.<\/p>\n<p>\u201cWe are ready; what we need is regulation, investment, and protection\n(RIP) because this is an alternative, not a replacement, and does not\ndisrupt other fuel businesses,\u201d Mulyadi told Republika on Monday 9 March\n2026.<\/p>\n<p>Mulyadi emphasised the importance of protection for Bobibos\u2019\ndevelopment domestically. Without this, Mulyadi feared Bobibos would\nstruggle to develop within the country. \u201cIf there is no protection, then\nRIP (the Bobibos business really dies),\u201d said the House of\nRepresentatives member from Commission V of the Gerindra faction.<\/p>\n<p>Mulyadi assured that Bobibos is ready to develop itself to bring\nbenefits to the public after receiving approval. For now, Bobibos, which\nis a fuel derived from rice straw, has not yet found a place.<\/p>\n<p>\u201cBecause the mandatory energy transition only applies to palm,\nsugarcane, and aren feedstocks, rice straw has not been given space and\nopportunity,\u201d said Mulyadi.<\/p>\n<p>Mulyadi also reminded that the potential for developing rice straw as\nfuel is considerable in Indonesia, given the vast number of rice\npaddies.<\/p>\n<p>\u201cAccording to the Central Bureau of Statistics, we have approximately\n11 million hectares of rice paddies, so without opening new land and\nimproving farmer welfare. Imagine 1 hectare of rice straw can produce\n2,000 litres; if we only take 5 million hectares, that is already 10\nbillion litres,\u201d said Mulyadi.<\/p>\n<p>If Bobibos is officially used in Indonesia, Mulyadi outlined six\nbenefits. Firstly, the public benefits by obtaining cheap, quality fuel.\nSecondly, farmers\u2019 income increases. Thirdly, the state budget is saved\nthrough reduced imports. Fourthly, the environment is cleaner because\nplant-based sources produce nearly zero emissions. Fifthly, Indonesia\nbecomes energy independent.<\/p>\n<p>\u201cFinally, Bobibos can create jobs. So there are six benefits,\u201d said\nMulyadi. On the other hand, owing to not yet receiving maximum\ngovernment support, Bobibos has chosen to target markets in other\ncountries. Bobibos has secured approval for use in Timor Leste.<\/p>\n<p>\u201cPreparations for the launch in Timor Leste are underway; we are\nawaiting the schedule of the Prime Minister and President, as they will\nofficialise it,\u201d said Mulyadi.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/middle-east-volatility-bobibos-ready-to-be-alternative-fuel-as-costs-surge-1773050029",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}