Resources
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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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The Australian Institute of Petroleum (AIP) was formed in 1976 to promote industry self-regulation and an effective dialogue between the oil industry, government and the community. It replaced a number of other organisations including the Petroleum Information Bureau that had been operating in…
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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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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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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…
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On 5 February 2013 the House of Representatives Standing Committee on Economics tabled its Report on 'Australia's Oil Refinery Industry', following the Committee's inquiry in 2012. The Inquiry was conducted in relation to claims and concerns being raised about the viability of Australia's oil…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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AIP has produced a set of basic facts on biofuels in Australia to inform consumers, commentators and other interested parties. AIP has consistently stated that there is a sustainable role for biofuels in the Australian fuels market provided biofuels are competitively priced, have a reliable supply…
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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…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…