Resources
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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…Date
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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,…Date
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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…Date
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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…Date
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An AIP publication 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 industry, business and consumers and explains why Australia is in a strong position to…Date
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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).…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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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…Date
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All fuel users need to analyse and understand their own fuel use and to consider how best to manage the potential impacts of reduced fuel supply Many larger fuel users only hold limited stocks on the expectation that stocks will be held by fuel suppliers, or indeed governments will intervene…