Closure of Australian Oil Refineries
Sector: Forest Products and Packaging • Location: Sydney, Brisbane, Geelong, New South Wales, Queensland, Victoria, Australia
Source: Australian Broadcasting Corporation
In the early 2010s, several Australian oil refineries were closed, including Shell's Clyde refinery in 2013, Caltex's Kurnell refinery in 2014, and Bulwer Island refinery in Queensland. These closures marked Australia's shift from being mostly self-sufficient in petrol and diesel to relying on imports. The closures were due to financial losses and inability to compete with larger refineries in Asi
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Description
Description | In the early 2010s, several Australian oil refineries were closed, including Shell's Clyde refinery in 2013, Caltex's Kurnell refinery in 2014, and Bulwer Island refinery in Queensland. These closures marked Australia's shift from being mostly self-sufficient in petrol and diesel to relying on imports. The closures were due to financial losses and inability to compete with larger refineries in Asia, and were supported by a government energy white paper that suggested imports would suffice for fuel security. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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