Resources
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The Australian Institute of Petroleum (AIP) in conjunction with petrol manufacturing and importing member companies have agreed to amend the colour range specification of all unleaded petrol grades (excluding Low Aromatic Fuel used in regulated communities) through the removal of dye. This…
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The AIP produces a simple set of facts to assist the community, commentators and other interested parties in understanding the key market and other factors influencing fuel prices in Australia.
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The AIP produces a simple set of facts to assist the community, commentators and other interested parties in understanding the key market and other factors influencing fuel prices in Australia.
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The AIP produces a simple set of facts to assist the community, commentators and other interested parties in understanding the key market and other factors influencing fuel prices in Australia.
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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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There is an extensive range of Federal, State/Territory and Local government regulations and legislation applying to refineries and businesses operating in the downstream petroleum industry. Some of the key regulations are outlined below. Formal Price Monitoring On 17 December 2007, under…Date
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Self-sufficiency in transport fuels is not necessary for supply security Security of supply is the result of resilient and efficient supply chains and robust risk management – it is not about self-sufficiency or independence from markets. There are 3 critical elements of any strategy to…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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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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AIP member companies provide very reliable supplies of fuel to the Australian market and: represent around 90% of primary fuel supply to the Australian market, have decades of operational experience in Australia and Asia delivering high quality fuel to customers, have major…