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LIQUID FUELS-PETROLEUM

In the past five years Australia's transport fuel outlook has changed substantially. On the supply side of the balance the assessment of the known indigenous crude oil fields has improved to such an extent that peak production instead of declining from 1980, as was expected, can now be maintained at least to the middle of this decade. furthermore, with the intersified exploration activity, which doubled in the last five years, there is at least a fifty per cent chance that further discoveries will permit maintenance of the present production level until about 1990. On the other side of the balance the growth of demand for transport fuels has slowed down, mostly due to the introduction of world price parity. the higher motor spirit prices causesd a switch to smaller cars and it is expected that this trend will continue. However, with a break in the price trend in 1981, motor spirit demand may take off again. This may strain existing refinery capacity, particularly after the introduction of lead-free petrol, unless engine technology development will reduce petrol consumption of cars. At present Australia imports about 30 per cent of its crude oil requirements. However, due to the "lightness" of indigenous crudes, about 80 per cent of the transport fuel production is based on indigenous crude. This portion could be further increased if the Australian refineries installed additional catalytic cracking capacity. The local supply base for transport fuels is expected to increase further with the more intense use of locally produced LPG as transport fuel. If conservation measures are maintained, the possibility exists that with additional hydrocarbon supplies and increased secondary processing Australia may become fully self-sufficient in transport fuels for a period in the second hlf of the decase. (TRRL)

  • Supplemental Notes:
    • This paper was presented during the Policy in Australia, Canberra, 11-13 May, 1983. This paper is position paper B3.
  • Corporate Authors:

    Institution of Engineers

    11 National Circuit
    Barton, A.C.T.,   Australia 
  • Authors:
    • Salusinszky, A L
    • Baddams, H W
    • Harry, J
    • Nicklin, D
    • Ramsey, T
    • Shedden, I
    • Shiels, G
  • Publication Date: 1983

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Filing Info

  • Accession Number: 00389911
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ITRD, TRIS, ATRI
  • Created Date: Nov 30 1984 12:00AM