Inspiring Our Youth
To Realise Their Potential
Back to Search Results

Boosting Australia's Diesel Storage Program

ClosedGrant Closed: 22nd of February 2021 - 5:00 am Value: $6 Million to $33.3 Million Run By: Australian Government Department of Industry, Science, Energy and Resources Further Information: https://www.grants.gov.au/Go/Show?GoUuid=2005ccaf-6dae-4072-bf94-de390248fada

The Boosting Australia’s Diesel Storage Program will provide up to $200 million over three years from 2021-22 to 2023-24. The program is part of the Australian Government’s ten-year comprehensive fuel security package to increase Australia’s resilience to fuel supply disruptions, which aims to secure local industry capability while keeping 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.

The intended outcomes of the program are to:

  • support Australia’s fuel security through the creation of additional domestic storage capacity to hold diesel stocks whilst retaining sovereign refining capacity
  • contribute to the Australian Government’s JobMaker Plan and COVID-19 economic recovery agenda.
Last Updated: 18th of January 2021
Search Grants & Funding
Share This Page With Someone
Stay Informed
Subscribe to one or more of our regular email subscriptions, to be kept up to date on news and funding opportunities for the region
Choose Your Subscription(s)
Contact Us
Phone02 6771 0700
Opening Hours 9.00am to 5.00pm Monday to Friday
(Except Public Holidays)
Address 143 Marsh Street
Armidale NSW 2350
Postal Address PO Box 72
Armidale NSW 2350
Find Us in Google Maps or Apple Maps
© Copyright 2024 Regional Development Australia - Northern Inland
An Australian Government Initiative