Lytton refinery

Fuel plan should include obligations on refiners*

The Federal Government’s commitment of $2 billion to preserve oil refining in Australia follows decisions over the past seven months by two of Australia’s four oil refineries to close, partly as a result of the decline in demand for oil products during the pandemic. The Government wants to ensure the survival of Australia’s only two remaining refineries.

The commitment was announced in the recent Federal Budget, but had been foreshadowed in September last year when Energy Minister Angus…

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