Resources

Energy White Paper

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On 8 November 2012, the Australian Government released the 'Energy White Paper - Australia's Energy Transformation'. The 2012 Energy White Paper sets out the Australian Government's strategic policy framework to guide Australia's energy transformation to a cleaner and more productive energy economy…
The Oil Refining Industry and Supply Security

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On 5 February 2013 the House of Representatives Standing Committee on Economics tabled its Report on 'Australia's Oil Refinery Industry', following the Committee's inquiry in 2012. The Inquiry was conducted in relation to claims and concerns being raised about the viability of Australia's oil…
Liquid fuels vulnerability assessment , Liquid fuels vulnerability assessment

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In 2009 and 2011, ACIL Tasman was engaged by the Federal Department of Resources, Energy and Tourism (DRET) to examine Australia's current level of liquid fuel vulnerability and significant trends which may affect this over the short, medium and longer term. The Liquid Fuel Vulnerability…
National Energy Security Assessment , National Energy Security Assessment

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The NESA identifies the current strategic energy security issues in the liquid fuels, natural gas and electricity sectors, and those posing a potential risk in short term, medium term and longer term. The Government has indicated that the NESA will provide a key input into the development of future…
Oil Supply Emergencies and the IEA Response System

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The International Energy Agency (IEA) is the energy forum for 28 industrialised countries, founded in 1974 (see www.aip.com.au/pricing/iea.htm). IEA member country governments are committed to taking joint measures to meet oil supply emergencies. They also have agreed to share energy information,…
Catalyst fact sheet

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In 2008, the Department of Resources, Energy and Tourism (DRET), on behalf of NOSEC, undertook a Liquid Fuel Emergency Simulation Exercise – 'Catalyst 2008'. The aim of 'Catalyst 2008' was to test the emergency preparedness of the Commonwealth State and Territory Governments and industry to manage…

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Petroleum is a complex mixture of organic liquids called crude oil and natural gas, which occurs naturally in the ground and was formed millions of years ago. Crude oil varies from oilfield to oilfield in colour and composition, from a pale yellow low viscosity liquid to heavy black 'treacle'…

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Relying on shipping (for imports) does not increase security risks, and shipping lanes are not easily disrupted. Most countries are reliant on movements of petroleum (crude and product) within and between countries, and particularly so for Australia (in both an export and import sense).…

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Transport fuel imports do not increase risk for supply reliability and security A diversity of global supply sources and local import facilities provide a range of options for Australia. Australia is already dependent on imports to meet the growth in demand for transport fuels (eg. demand…

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Australian refineries continue to operate with no indications of any plans to close the remaining four There have been statements and Inquiry submissions from all refining companies about their future refinery investment plans and the ongoing role of these facilities in meeting customer…