Press conference – Port Botany

Source: Prime Minister of Australia

PAUL AUGÉ, PRESIDENT, BP AUSTRALIA: Thank you, Prime Minister Albanese and Mr Bowen. It’s great to be here today. Today’s announcement is all about making sure that Australia has the fuel it needs when it needs it, and also at a time of increased uncertainty and volatility. Thank you, Government, for the responsiveness that they have demonstrated. And the work with the EFA is a demonstration of the Government’s action to make sure Australia has the fuel it needs. BP, with partnership, obviously, with the EFA, has access to incremental cargoes that will be arriving here to Port Botany and also into Perth in Kwinana over the next few months. This is on top of five cargoes that we’ll have coming to NSW before the end of May to ensure that we have the right supply to the state, on top of a normal import program that we have coming to Australia, which will have around 60 cargoes coming over the next few months. The facility and the partnership with the Government through the EFA is really allowing us to bring additional cargoes to make sure Australia has the fuel it needs when it needs it. Behind us, don’t forget, there’s a vessel that is coming all the way from the US, from our refinery in Cherry Point in Washington State, which again demonstrates the resilience of our supply chain that we have here in Australia through our global network and global partnerships. Again, I want to thank the Prime Minister and the Government for the responsiveness and also the collaboration with the industry, both through the release of the MSO and stockholdings, also through this facility with the EFA and also through the support that they are providing to the local supply chains across Australia through the National Reconstruction Fund. With that, thank you.

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