Resources
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Australian oil refineries make a significant contribution to the economy and local communities, and support our key export industries and supply security. They play a major role in Australia’s fuel supply chain, producing around half of the transport fuels needed every day.Date
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Australian refineries have long supported orderly transitions to better fuel standards where a community benefit has been demonstrated in terms of health and environmental outcomes, and where the cost impacts on refineries and consumers can be effectively managed.Date
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The price of petrol in Australia is dependent on world market prices Crude oil, petrol and diesel are bought and sold in their own markets. Each market is regionally based and there are linkages and transactions between regional markets. Prices in regional markets reflect the supply and…Date
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AIP and its member companies actively participate in public consultation processes on climate change. For example, AIP and its member companies are participating in the process of public consultation on national climate change policy development, including on the range of issues associated with…Date
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AIP has produced a new publication – Maintaining Supply Security and Reliability for Liquid Fuels in Australia – which provides a factual overview of the liquid fuels market and supply chain in Australia. It also details the key factors influencing the secure and reliable supply of liquid fuels to…Date
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The NOSEC is a committee of the Ministerial Council on Energy (MCE) and provides the main executive channel through which Commonwealth and State Governments formulate their overall management response to a national liquid fuel emergency. The task of the NOSEC is to ensure that the Federal…Date
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Australia’s import, terminal and storage capacity for transport fuel has increased over time to meet growth in fuel demand There has been significant investment in new and expanded storage and terminal facilities over recent years to meet demand growth in key regional centres, as evidenced in…Date
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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…Date
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Subsidising domestic alternative fuel production is not necessary for energy security The reliable supply of conventional transport fuels (petrol, diesel and jet fuel) to the Australian market is underpinned by a diversity of supply options for petroleum products from domestic refiners and…Date
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Australia has robust emergency response plans and arrangements Industry and governments fully recognise the potential impacts of a severe national shortage of fuel supplies to business and consumers. Australia has robust response plans for managing a national liquid fuel emergency, which…