Resources
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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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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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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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Petroleum is a complex mixture of organic liquids called crude oil and natural gas, which occurs naturally in the ground and was formed millions of years ago. Crude oil varies from oilfield to oilfield in colour and composition, from a pale yellow low viscosity liquid to heavy black 'treacle'…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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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…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…
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The Executive Director of the Australian Institute of Petroleum (AlP), Dr John Tilley, welcomed comments made by Deputy Prime Minister Warren Truss that the Australian Government is looking to amend restrictive coastal trading laws and to reduce red tape associated with the coastal trading…
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AIP produces an industry report – 'Downstream Petroleum' – which provides a concise overview of downstream petroleum refining and marketing in Australia. The report, compiled every two years, covers the financial performance of the industry and the future challenges it faces.
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The Australian Institute of Petroleum (AIP) today released 'Downstream Petroleum 2011', the new edition of AIP's biennial publication on the state of the Australian downstream petroleum industry and its financial performance. This latest report provides a concise overview of recent developments…