Newcastle to play critical role in boosting Australia’s fuel security

"Port of Newcastle is thrilled it will play a vital role in boosting Australia's fuel reserves

following the Federal Government's announcement of a $260 million package to boost

long-term fuel security across the country."

"Port of Newcastle welcomes the Federal Government's funding investment in the fuel

storage capability of the region, the creation of jobs in Newcastle, the strengthening of

Australia's fuel security and the increase of fuel trade through the Port of Newcastle."

"The Federal Government announcement will support critical infrastructure investment

at the Port and see current tankage capacity across the Port's three bulk fuel terminals

grow from 266 Megalitres to 624 Megalitres at the completion of the construction

phase."