Resources
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Shifting consumer preferences, as well as economic and policy changes, have seen the demand for LPG powered vehicles and LPG fuel decline sharply in recent years.
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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.
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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.
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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…
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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…
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Through submissions to review processes, AIP aims to inform the community about the downstream petroleum industry, and its significance to the national economy, by making available comprehensive factual information and data about the industry and its performance over time. AIP material also…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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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…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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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…