Increasing Australia’s resilience through additional onshore diesel storage
Boosting Australia's Diesel Storage ProgramLast Updated: 22 July 2022
Boosting Australia's Diesel Storage Program
What you get?
Grants from $6 million to $33.3 million.
Who is this for?
Eligible organisations with the capacity to build and independently maintain diesel fuel storage facilities.
Overview
The Boosting Australia’s Diesel Storage Program will provide up to $260 million in competitive grants over three years to 2023-24. The program is part of the Government’s 10-year comprehensive fuel security package to increase Australia’s resilience to fuel supply disruptions, secure sovereign refining capability, and keep fuel prices low for consumers.
The objectives of the program are to:
- provide matched funding to industry to construct new diesel storage that will result in an estimated 780ML of additional diesel storage being kept onshore. This quantity is estimated to be required for industry to meet the proposed minimum stockholding obligation by 2024
- support job creation in local industries.
There is $260 million available for this grant opportunity.
The minimum grant amount is $6 million and the maximum grant is $33.3 million.
You must complete your project by 30 June 2024.
Eligibility
What are the eligibility criteria?
To be eligible you must be an entity incorporated in Australia and a trading corporation.
Your trading activities must either:
- form a sufficiently significant proportion of the corporation’s overall activities as to merit it being described as a trading corporation
- be a substantial and not merely peripheral activity of the corporation.
Check the full eligibility details in the grant opportunity guidelines.
Not eligible
Applying
How do you apply?
The Boosting Australia's Diesel Storage Program is closed to applications.
Impact of COVID-19
How do we assess your application?
What are the assessment criteria?
What happens next?
Need help?
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Let us answer your question via phone, email or webchat. And if we can't help, we'll put you in touch with someone who can.
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Monday – Friday, 8am – 8pm across Australia
Grant recipients
Information session
On Wednesday 10 February 2021 Boosting Australia’s Diesel Storage Program held a webinar to provide further information on the program. Questions raised and answers covered in the session and PowerPoint slides are now available below.