Vopak secures NSW government endorsement for Port Botany expansion to strengthen aviation-fuel security
Vopak Terminals Australia announced Oct. 12 that it welcomes the New South Wales government’s endorsement of its proposed aviation-fuel infrastructure-expansion project in Port Botany.
Included as a key project to strengthen the state’s fuel security and resilience, the expansion reinforces Vopak’s commitment to providing robust, future-ready energy infrastructure.
Aligned with the government’s fuel-security goals, the expansion capacity of approximately 120,000 cubic meters (31.7 million gallons) will strengthen supply-chain resilience to help protect consumers and businesses.
Adding new storage tanks and pipeline connections to this independent infrastructure increases fuel-storage capacity even more, while supporting sustainable aviation fuel (SAF) to drive the sector’s decarbonization.
Through the Investment Delivery Authority’s endorsement, the NSW government will provide practical, nonfinancial support to remove delivery barriers, improve coordination across government and accelerate project delivery.
“We are proud to receive the endorsement from the NSW government,” said Mats de Groot, the managing director of Vopak Terminals Australia. “As the energy needs of New South Wales continue to evolve, it is critical that we invest in secure, reliable and adaptable infrastructure. By expanding as an independent, open-access facility, this project will not only address fuel-security issues, but boost market competition to the benefit of Australian consumers. Furthermore, with the capability to store SAF, we are laying vital groundwork for the country’s energy transition.”
The project is subject to final-investment decision (FID) and regulatory planning conditions and approvals.
For more information on the NSW government’s announcement, click here.
