Resources
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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 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…
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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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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…
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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…
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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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In 2013, Hale and Twomey was engaged by the Federal Department of Resources, Energy and Tourism (DRET) to examine and report on the maritime supply chain and the key role it plays in Australia's petroleum supply chain. The report considers how the maritime supply chain operates for Australia and…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…
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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…