Queensland will fast-track approvals for Ampol to upgrade one of the two remaining oil refineries in the nation within two years.
Acting Premier Steven Miles has called in the ASX-listed fossil fuel producer’s application to upgrade its ageing Brisbane plant to produce low-sulphur petrol by the end of 2024 when that becomes mandatory under federal law.
The federal government is in talks over a taxpayer-funded grant for Ampol to upgrade its refinery, which along with Viva Energy’s Brisbane facility, it considers as strategically important.
The state government’s move to call in the project will speed up the approvals process to allow the company to break ground sooner….