Premier David Crisafulli said the Queensland Government was delivering security as well as opportunity.

“We must restore our ability to drill, refine and store fuel right here in Queensland, so we are never again left at the mercy of global supply chains,” Mr Crisafulli said.

“More storage and refining fuel locally means it’s easier for families to fill up and small businesses to stay afloat amidst rising national cost pressures.

“We have a plan across the short, medium and long-term to get projects moving to produce oil, refine it and store fuel locally, as well as deliver relief and fight for Queenslanders receiving the most accurate information available.”

Deputy Premier and Minister for State Development Jarrod Bleijie said the co-ordinated, cross-agency initiative would ensure swift action to address the fuel crisis.

“Striking oil in the Taroom Trough is just one piece of the puzzle and being able to refine and store more fuel locally will further strengthen our sovereign capability,” Mr Bleijie said.

“We’re playing our part by unlocking the land these facilities will be built on, as well as providing the fastest pathway possible to getting them going – now we’re asking the Federal Government to play their part on the EPBC.”

Queensland’s Coordinator-General Gerard Coggan said this program was designed to fast‑track private investment by removing barriers and streamlining project delivery.

“This program provides industry with a clear entry point to government and a coordinated pathway to progress major fuel infrastructure proposals,” Mr Coggan said.

“We’re working closely with proponents to navigate assessment and approval processes efficiently.”

Australian Institute of Petroleum CEO Malcolm Roberts welcomed the new framework.

“Recent events have shown storage is a key part of ensuring there’s adequate fuel supply and confidence in the market when global supply chains are disrupted” Mr Roberts said.

“Opportunities to expand the nation’s fuel capacity, as well as capability, and allow a fast and efficient pathway to get it done is a welcome move. It provides that important confidence for the industry and motorists.

For more information or to register your interest, visit www.coordinatorgeneral.qld.gov.au/accelerating-fuel-infrastructure-program

Source: Qld Government