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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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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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…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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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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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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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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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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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…