A commercial agreement between Ports North and United Petroleum could see more than $30 million invested to import, store and distribute fuel through the Port of Mourilyan near Innisfail — aimed at servicing an area from from Airlie Beach north and west to Mt Isa.
Acting Premier and Queensland Treasurer Curtis Pitt says Ports North and United Petroleum would work together over the next 12 months to finalize a Project Feasibility Report and associated approvals for a fuel importation, storage and distribution facility at the Port.
“They have identified the Port of Mourilyan as an ideal location for this future facility which could be up and running at the Port by 2020.”
The development will also expand United Petroleum’s capability to store and distribute fuel, which will lead to a more reliable supply and better priced fuel for motorists and business United Petroleum is an independent Australian-owned company specializing in fuel importation and distribution in both wholesale and retail fuel markets.
Chief Operating Officer David Szymczak said United welcomed the opportunity to work with Ports North and local stakeholders to explore the potential for the development of a regional fuel importation, storage and distribution facility at the Port.
“As a further commitment to the Queensland fuel industry and the jobs that come with it, United recently announced a reduction in the retail price of our E10 fuel right across Queensland which we believe was another tangible show of our support for the Queensland Government’s vision for a sustainable biofuels sector.”
A Memorandum of Understanding between Ports North and United Petroleum will see the parties work together over the next 12 months towards finalizing the Project Feasibility Report and associated development approvals.