Construction starts on $50m project at Port of Brisbane and Lytton Fuel Import Terminal
Hundreds of construction jobs have been created as part of massive upgrades to facilities at the Port of Brisbane and Lytton Fuel Terminal.
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More than 260 construction jobs have been created as part of a massive $50 million expansion of at the Port of Brisbane and Lytton Fuel Import Terminal.
Queensland Deputy Premier and State Development Minister Steven Miles announced the state government would be providing $15 million of funding to The IOR Group for the construction of new fuel importing facilities and storage tanks, which started this week.
The funding will be a loan from the State Government’s Building Acceleration Fund while IOR will cover the remaining funding.
Works at the Port of Brisbane will include constructing a new section of wharf deck to support a new marine unloading arm while underground and aboveground pipelines will also be constructed to connect the Lytton Fuel Import Terminal to the Port of Brisbane wharf deck.
Works at the Lytton Fuel Import Terminal include repurposing of existing 50ML tank for diesel storage, two new tanks for diesel storage and one new tank for biodiesel additive
upgrade to containment bund, electrical infrastructure upgrades and new diesel loading pumps and loading bays.
Mr Miles said the expansion was expected to create up to 264 construction jobs and eight operational jobs.
“These upgrades will create new importing and storage facilities to allow for the storage of significant quantities of domestic fuel,” he said.
“The improved facilities will increase productivity at the bustling Port of Brisbane and Lytton Fuel Terminal and bring more economic benefits.
“Over recent periods, Queensland has been the largest user of diesel in the country, so stocking up the state’s supplies will relieve any anxiety about fuel shortages so industry can keep working.
“It will also hold sufficient fuel to meet the Federal Government’s new long-term fuel security goal when it applies from July 1, 2022.”
IOR managing director and CEO, Stewart Morland, said the Lytton Fuel Import Terminal will add an additional 110 million litres of diesel storage to the Queensland economy.
“It will be the largest diesel only import terminal in Queensland and one of the few in Brisbane with the capability to receive international shipments of diesel via LR2 vessel,” he said.
“IOR proudly fuels transport, agriculture, resources, and several other industries essential to the success of our economy and the livelihoods of all Queenslanders.
“The Terminal will provide fuel security to these industries and contribute to industry productivity in the years to come.
Mr Morland said the terminal would open access to third parties and would help relieve congestion at terminal sites as the demand for diesel in Brisbane grows.
“We’re a Queensland business, supporting Queenslanders and more than $14 million in project expenditure has been awarded to local Brisbane businesses to date. We are in negotiations with other local businesses to support components of the project.”
The Lytton Terminal facility was constructed in 1984 and was acquired by IOR in 2008.
The terminal previously stored crude oil received from road tankers and sea carriers berthed at the Wharf and transferred crude oil to the neighbouring Ampol Refinery.
State member for Lytton Joan Pease (ALP) said the Port of Brisbane already hosted thousands of jobs and was our economic live blood with these works bringing even more jobs to the region.
Port of Brisbane Interim Chief Executive Officer Neil Stephens said the joint investment between the Queensland Government and IOR would help ensure the port could continue to effectively service the fuel needs of our growing region while also bringing in more jobs.
He said it also came on the back of IOR’s recent long-term lease extension at the Port of Brisbane.
The Port of Brisbane has changed the tenure of the Fisherman’s Island crude oil berth to become a common user infrastructure to facilitate the project.
Construction works started on Tuesday and are scheduled to be complete by June, 2023.
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