Caltex vows to keep Australia moving

The reliability of fuel supply across Victoria will be enhanced following the announcement that Australia’s only locally owned and listed fuel company, Caltex Australia, will expand the capacity of the state’s second-busiest fuel terminal.

Caltex Australia said upgrades to its Newport fuel terminal — due to be completed by the end of 2017 — would help the local company better manage its supplies to ensure it could meet growing demand for petrol, diesel and jet fuel from across the state.

The $75 million project includes the installation of two new tanks, an additional 40 ML of storage capacity, new pipes, pumping equipment, increased truck loading capacity and upgrades to the terminal’s safety systems.

Caltex will also improve road safety for vehicles entering and exiting the site by building a new access point so heavy vehicles can avoid the known local blackspot on Douglas Parade.

Caltex Executive General Manager Supply Chain Operations Andrew Brewer said the Australian company had invested over $2 billion into its supply and retail infrastructure over the past five years

“Caltex is owned by, employs and exists to serve Australians. Unlike our competitors, our entire business is focused on keeping Australia moving.

“It is critical that Caltex, Australia’s leading supplier competing against multinational corporations, continues to invest in the infrastructure that Victoria needs to keep its economy growing,” Brewer said.