Australian firm Coogee Chemicals is building 120 million L of bulk diesel storage in Kwinana, Western Australia (WA) as part of plans by the Australian federal government to increase fuel security.
In July 2021, the Australian government announced that Coogee would be one of ten recipients of a grant under its Boosting Australia’s Diesel Storage programme. The programme is designed to increase Australia’s diesel stockholdings by 40% and help industry to meet a minimum stockholding obligation (MSO), which requires petrol, jet fuel, and diesel stocks to be held at or above pre-COVID-19 levels from mid-2022 onwards. The grant will cover up to 50% of the total eligible project expenditure.
Coogee’s new facility will take the company’s total fuel storage capacity in Western Australia to over 240 million L. Viva Energy Australia will be the foundation customer for the tanks, on an open-access, comingled basis. The new shore-based tanks will tie-in with existing wharf-lines to the Kwinana Bulk Jetty (KBJ), existing pipelines from the BP facility, and established road and rail gantries.
(Source: Tank Storage Magazine, July 6-2022)