By XIN XIN and ALEXIS HOOI in Sydney |
chinadaily.com.cn |
Australia is weighing plans for a major oil refinery as part of efforts to secure its fuel resources against the backdrop of unstable global supply chains amid the ongoing conflict in the Middle East.
According to a government statement on July 28, the facility in Western Australia state "could be the first new large-scale petrol refinery built in Australia since the 1960s."
The authorities will conduct a A$4 million ($2.8 million) pre-feasibility study, part of a A$15 billion federal government package "to secure Australia's fuel security now and ensure our energy sovereignty into the future," it said.
