Anthony Albanese is expected to announce plans to construct an oil refinery in Western Australia, the first to be built in Australia in decades. <\/p>\n
The Prime Minister will travel to Karratha on Monday to announce a $4m pre-feasibility study to explore the option of building a third oil refinery to strengthen the country\u2019s fuel security.<\/p>\n
The proposed refinery would join the two existing refineries in Geelong and Brisbane and mark the newest addition in 60 years. <\/p>\n
The refinery is expected to be built by chemical and fertiliser company Perdaman. <\/p>\n
\u201cThe thing about Perdaman is they have proven themselves to get things done,\u201d Resources Minister Madeleine King said. <\/p>\n
\u201cFor a company like Perdaman to come to government and say we\u2019re going to look at this \u2026 it\u2019s got to have some strength behind it, and I believe it has.\u201d<\/p>\n
Foreign Affairs Minister Penny Wong also supported the need for Australian solutions to oil shortages, saying Mr Albanese\u2019s announcement will support \u201ca return to refinery capacity in Australia\u201d.<\/p>\n
\u201cWe need to look at what we can do here in Australia to shore up our resilience,\u201d she said. <\/p>\n
\u201cI know the Prime Minister will be making announcements today about our intention to try and support a return to refinery capacity in Australia.\u201d<\/p>\n
Treasurer Jim Chalmers expanded on the oil market crisis, saying Australians have already paid \u201ctoo hefty a price\u201d for the fallout of the ongoing Middle East conflict. <\/p>\n
\u201cThe longer this drags out the more serious the consequences for inflation and growth here and around the world,\u201d he said. <\/p>\n
\u201cFrom an economic point of view, a proper and permanent end to the war can\u2019t come soon enough.\u201d<\/p>\n
Opposition MPs have also backed the project but have outlined potential flaws. <\/p>\n
Nationals leader Matt Canavan said he supported the idea but noted the Labor government\u2019s carbon tax would limit the economic prosperity of the proposed project. <\/p>\n
\u201cI\u2019d love to see a new oil refinery built, but to do that we\u2019ve got to get rid of Labor\u2019s carbon taxes,\u201d he told News24 on Monday. <\/p>\n
\u201cWe\u2019re not going to get a new oil refinery in this country while this government imposes a massive carbon tax on existing refineries and new ones would be subject to the same.\u201d<\/p>\n
Senator Canavan and Opposition Leader Angus Taylor will travel to the Stanwell power station in Rockhampton on Tuesday. <\/p>\n
Opposition foreign affairs spokesman Ted O\u2019Brien said the project should have come earlier and contradicted Energy Minister Chris Bowen\u2019s stance towards fossil fuels. <\/p>\n
\u201cOn one hand, you\u2019ve got Chris Bowen, the Energy Minister, on the world stage saying no more fossil fuels,\u201d he said.<\/p>\n
\u201cAnd then you\u2019ve got the Prime Minister of Australia saying we need more fossil fuels.<\/p>\n
\u201cThe contradiction in Labor\u2019s energy policy explains why Australians are paying higher prices for energy than they ever have and why energy markets are now pulling back investments from Australia.\u201d<\/p>\n
Read related topics:Anthony Albanese<\/a>Perth<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Anthony Albanese is expected to announce plans to construct an oil refinery in Western Australia, the first to…\n","protected":false},"author":2,"featured_media":59792,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[42924,59965,66617,66624,66627,66597,66616,66623,51921,66636,66602,66609,54825,66620,66633,66628,66596,44822,66639,66621,66598,66626,483,22,66606,23,66631,7458,21,66601,4705,44508,1625,66630,66587,66592,66637,5676,66603,2547,66593,66590,9806,66613,156,37045,66632,35086,66635,66604,50187,65099,66591,66608,66594,66588,30572,66611,66629,66607,66612,33714,30551,66634,66638,66614,10562,65058,66605,43790,66589,37024,66600,66615,63254,42282,40959,38748,38444,66622,66599,66610,52590,41162,38222,66618,66625,39833,66595,59090,66586,41175,37120,38863,39006,42647,31666,66619,10736,36985,33486,3735,353],"class_list":["post-59791","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-s-announcement","tag-s-big-move","tag-s-carbon-tax","tag-s-carbon-taxes","tag-s-energy-policy","tag-s-fuel-security","tag-s-fuel-security-the-proposed-refinery","tag-s-fuel-supply","tag-s-stance","tag-60-years","tag-a-4m-pre-feasibility-study","tag-a-60-year-first","tag-a-company","tag-a-massive-carbon-tax","tag-a-new-oil-refinery","tag-a-new-project","tag-a-proper-and-permanent-end","tag-a-return","tag-a-third-oil-refinery","tag-an-economic-point","tag-an-oil-refinery","tag-announcements","tag-anthony-albanese","tag-au","tag-aussie-fuel-crisis","tag-australia","tag-australian-solutions","tag-australians","tag-austrlia","tag-chemical-and-fertiliser-company-perdaman","tag-chris-bowen","tag-decades","tag-energy","tag-energy-markets","tag-energy-minister-chris-bowen","tag-existing-refineries","tag-foreign-affairs-minister-penny-wong","tag-fossil-fuels","tag-geelong-and-brisbane","tag-government","tag-higher-prices","tag-inflation-and-growth","tag-investments","tag-karratha","tag-labor","tag-monday","tag-more-fossil-fuels","tag-mr-albanese","tag-nationals-leader-matt-canavan","tag-new-oil-refinery","tag-new-ones","tag-news24","tag-no-more-fossil-fuels","tag-oil-shortages","tag-one-hand","tag-opposition-foreign-affairs-spokesman-ted-obrien","tag-opposition-leader-angus-taylor","tag-opposition-mps","tag-our-intention","tag-our-resilience","tag-perdaman","tag-plans","tag-pm","tag-potential-flaws","tag-refinery-capacity","tag-resources-minister-madeleine-king","tag-rockhampton","tag-senator-canavan","tag-some-strength","tag-the-consequences","tag-the-contradiction","tag-the-country","tag-the-economic-prosperity","tag-the-energy-minister","tag-the-fallout","tag-the-first","tag-the-idea","tag-the-labor-government","tag-the-need","tag-the-newest-addition","tag-the-oil-market-crisis","tag-the-ongoing-middle-east-conflict","tag-the-option","tag-the-prime-minister","tag-the-project","tag-the-proposed-project","tag-the-refinery","tag-the-same","tag-the-stanwell-power-station","tag-the-thing","tag-the-two-existing-refineries","tag-the-war","tag-the-world","tag-the-world-stage","tag-this-country","tag-this-government","tag-today","tag-too-hefty-a-price","tag-treasurer-jim-chalmers","tag-tuesday","tag-view","tag-wa","tag-western-australia"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/59791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/comments?post=59791"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/59791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media\/59792"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media?parent=59791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/categories?post=59791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/tags?post=59791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}