Photo: Supplied.
FROM JOAN PEASE MP, MEMBER FOR LYTTON
Diesel fuel security has been vastly improved for Queenslanders following the commissioning of the 110ML Lytton Fuel Terminal at Port of Brisbane on Wednesday, 12 July, 2023.
The works were expedited with the support of a $15 million loan from the State Government’s Building Acceleration Fund to IOR, assisting with the total project cost of $60 million.
I was delighted to attend the commissioning and witness the new upgrades first-hand. A key component of the upgrades was the construction of two new tanks with a combined capacity of 60ML and the repurposing of an existing 50ML tank, to increase diesel fuel storage in Brisbane by 110 million litres.
The project also saw the installation of a new underground pipeline, expansion of an existing wharf – including installation of two new marine loading arms – at Fisherman Island, a new fast loading gantry with 18 loading arms, as well as improvements to all electrical services and supporting infrastructure onsite.
I’m particularly pleased to see that peak on-site employment for the project was 272 full time workers, above initial expectations of 264, with the large majority of the construction work being awarded to Queensland-based companies.
While we are focussed on transitioning to net zero emissions, it’s imperative to ensure the security of diesel fuel in order to keep Queensland moving.
This project allows for the storage of a significant amount of fuel as well as improved infrastructure to better cater for importing. Importantly, this site has significant expansion potential, including 80ML of additional storage and another truck lane at the loading gantry, meaning more business can be done in and out of the Brisbane Port.
The Queensland Government’s Building Acceleration Fund made it possible to accelerate the development of the project, which is exactly what it was designed for. The Fund is a Queensland Government initiative to accelerate economic growth through investing in infrastructure that unlocks development, generates construction activity, and creates long-term employment.
I look forward to seeing the benefits that this upgraded facility will bring to Lytton, our region and the State.
