Boosting Australia’s Diesel Storage Program

Funder:  Federal – Industry

Grant Background: The Boosting Australia’s Diesel Storage Program is part of the Government’s 10-year comprehensive fuel security package to increase Australia’s resilience to fuel supply disruptions, secure sovereign refining capability, and keep fuel prices low for consumers.

The objectives of the program are to:

  • provide matched funding to industry to construct new diesel storage that will result in an estimated 780ML of additional diesel storage being kept onshore. This quantity is estimated to be required for industry to meet the proposed minimum stockholding obligation by 2024
  • support job creation in local industries.

$ Available: Up to $33million

Eligibility: To be eligible you must be an entity incorporated in Australia and a trading corporation.

Your trading activities must either:

  • form a sufficiently significant proportion of the corporation’s overall activities as to merit it being described as a trading corporation
  • be a substantial and not merely peripheral activity of the corporation.

 Key Dates: Closes 22 February 2021


Happy to chat if you need a hand with your application and please share this grant opportunity with anyone who may be interested. Good luck, Melanie

#fuelsecurity #diesel  #fuelsupply  #sovereigncapability #jobcreation