WebOn 1 May, Taylor announced the government’s three-part fuel security package. The first part of the package is a restatement of the government’s 22 April commitment to establish a government-owned oil reserve for domestic fuel security. The second is a commitment to work with the private sector to develop options to increase local storage ... WebDec 14, 2024 · The Morrison Government is accelerating support for local oil refineries as part of its commitment to jobs, affordable fuel and Australia’s long-term fuel security. The Government will provide relief to the refining sector by bringing forward the production payments announced as part of comprehensive fuel security package in the 2024-21 ...
Locking in Australia
WebJan 11, 2024 · in Procurement. 11 January 2024. The Australian government has announced plans to increase onshore diesel stocks to ensure supply and keep prices low for consumers and businesses. The programme – Boosting Australia’s Diesel Storage – will form part of the government’s comprehensive fuel security package, which was … WebJul 29, 2024 · Along with the additional diesel storage, these projects will also deliver 202 megalitres of additional petrol and jet fuel storage funded by the private sector. This is part of the Fuel Security Package, whereby the Government will enhance Australia's security and bolster local industry, whilst creating additional employment. mid atlantic states maps
Ampol Ampol to Continue Refining Operations at Lytton
WebJul 20, 2024 · The investment is part of the Boosting Australia’s Diesel Storag e program and is a key part of the Government’s comprehensive fuel security package – announced in the 2024-21 Budget, promoting job growth and fuel security. WebJun 23, 2024 · Published date: 23 June 2024. The Australian parliament has passed fuel security legislation that will provide around $1.8bn in funding to keep the country's two remaining oil refineries operational for at least the next six years. The Fuel Security Bill 2024 was approved by parliament today, Australia's energy ministry said. WebThe government has announced a new fuel security package that it says will provide up to $2.4 billion to support local refineries and secure Australia’s sovereign fuel stocks. The package includes a variable Fuel … newsnow rail