A new fuel terminal was opened today in Mackay, which will boost fuel import capabilities in regional
Queensland, increase fuel storage capacity, and ensure competition in the industrial fuel market.
The terminal is
operated by Puma Energy, Australia’s largest independent fuel operator, which
has said that it will strengthen competition and supply in Australia’s fuel
market, and ensure the region is fully supported despite a downturn in
Australia’s refinery industry.
The development is
Puma Energy’s first Australian greenfield import terminal, a major move since
their entry to the Australian market in January 2013.
The opening of the
newly constructed, $70million terminal was welcomed by Mackay mayor Deirdre
Comerford, at a ribbon cutting ceremony this morning.
The terminal has
been under construction since March last year, and is comprised of six storage
tanks with 56 megalitres of storage capacity, and joined to the port by a 1.6
kilometre overground pipeline.
Australia’s general manager Ray Taylor said the terminal would ensure supply
security and provide much-needed competition to central and north Queensland.
“A great deal of
Australia’s mining activity happens out of central Queensland and supply
security is critical to ensure the industry’s success,” Taylor said.
“As more Australian
refineries close we will start to see a greater dependence on fuel imports, and
yet there has been a significant lack of investment towards developing the
infrastructure needed to manage this change.
“We are responding
to a significant gap in the market and our investment in Mackay is to support
the mining industry and our acquisition of Central Combined Group, which has an
outstanding reputation in the region.”
Taylor said the
terminal was a major asset for the region and that Puma Energy’s partnership
with global trading house Trafigura signalled a change for the competitive
commercial fuel market.
“Puma Energy can
source its fuel from anywhere in the world based on quality, price and timing,”
“With our in-house
capabilities to import, store and distribute premium fuel and diesel it means
we can be more competitive against the major retailers and it will mean better
value for our customers.”
Puma Energy has
recently started redevelopment of its retail network, and has announced plans
to refurbish more than 100 service stations around Australia this year.
“In addition to the
refurbishment plans, we will also be launching our national fuel card on the 1st
The Mackay Fuel
Terminal adds to Puma Energy’s network of more than 62 bulk fuel terminals
Puma Energy currently has a global network of over
1,600 retail service stations.