Queensland will fast-track approvals for Ampol to upgrade one of the two remaining oil refineries in the nation within two years.
Acting Premier Steven Miles has declared the stock exchange-listed fossil fuel producer's upgrade of its ageing Brisbane plant to produce low-sulphur petrol by the end of 2024, when it becomes mandatory under federal law, as a critical infrastructure project on the advice of the coordinator-general.
The federal government is in talks over a taxpayer-funded grant for Ampol to upgrade its refinery, which along with Viva Energy's Geelong facility it considers strategically important.
