Caltex upgrades national terminal network to
serve growing market
June 01, 2006
A ceremony today to celebrate completion of an $8 million, 15
million litre diesel storage tank at the Gladstone, Queensland
fuels terminal marks a further stage in a major program to upgrade
Caltex's national terminal infrastructure as part of a supply chain
Caltex is undertaking upgrade and expansion projects at a number of
fuel storage and distribution facilities around Australia,
including Melbourne, Darwin and central and northern Queensland.
Planning and design work is under way on a number of further
projects which, together with those already completed, will require
an investment currently estimated to be in excess of $60 million.
This estimate is subject to change and will firm as the design
phases of the remaining projects are completed.
"This new tank in Gladstone is the largest storage tank in our
Queensland regional network and it will make a big difference to
the reliability and efficiency of shipping fuel to central
Queensland while enabling us to expand supply to meet increasing
local demand," said Caltex General Manager Marketing Mark
It was the first major new tank Caltex had built at a terminal in
at least 20 years, Mark Burrowes said.
"We are Australia's leading fuels refiner and marketer and this is
an important link in our supply chain. It is also an important part
of the infrastructure that keeps central Queensland running," said
"This investment of $8 million in the Gladstone terminal
demonstrates our commitment to our customers in central Queensland.
We are investing in the future of this fast growing region, and
ensuring that it has sound infrastructure that will deliver safe,
reliable supply of quality fuels."
Mark Burrowes said world markets continue to change, with
tightening international and Australian supplies. The demand for
diesel is growing and so is Australia's need to import it.
The Gladstone terminal is one of a network of 12 fuels terminals
Caltex operates around Australia with access to a further 10
The $8 million tank investment in Gladstone along with the recent
upgrade of Caltex facilities at Newport in Melbourne takes Caltex's
investment in its terminals to $11 million this year to date. A $3
million upgrade project is currently under way at Caltex's Cairns
General Manager Marketing
Mobile: 0419 352 992
Pager: 02 9214 1146
Media Relations & Comms Executive
Ph: 02 9250 5762
Mobile: 0403 266 047