en.Wedoany.com Reported - The New South Wales Government, through the Investment Delivery Authority (IDA), has initiated a targeted investment tender for commercial-scale fuel security projects valued at over $100 million, aiming to enhance fuel supply resilience and reduce reliance on imported fuels. The tender focuses on three priority areas: fuel storage and distribution infrastructure, domestic liquid fuel production capable of operating independently of imports, and heavy vehicle charging facilities needed to reduce diesel dependency. The state government stated that other proposals that contribute to improving fuel security and meet eligibility requirements will also be considered.
Treasurer Daniel Mookhey said the state aims to attract projects with both investment readiness and emerging potential. "We are inviting industry to propose next-generation fuel security projects," Mookhey said. "This is not just an energy issue; it also concerns the cost of living for families and businesses in New South Wales." Minister for Planning and Public Spaces Paul Scully noted that New South Wales possesses the infrastructure, industrial capacity, and locational advantages to host large-scale fuel and alternative fuel projects.
The Investment Delivery Authority will leverage existing processes to assist project proponents with planning approvals, regulatory compliance, and government coordination, thereby removing investment barriers and accelerating the implementation of strategic projects. In addition to the expression of interest process, the state government has launched a three-week Market Sounding to gather early project feedback and identify subsequent investment obstacles.
Fuel security has become a key issue for all levels of government in Australia. This tender is part of New South Wales' fuel security strategy, which also includes enhancing fuel price transparency and regulatory oversight. Recent reforms include the passage of the Fair Trading (FuelCheck) Amendment Act 2026, expanding fuel retailer reporting requirements and strengthening enforcement powers; the state government has also invested AUD 2.2 million to upgrade the FuelCheck platform and conducted a record number of fuel compliance inspections.
Opportunities exist in the freight, logistics, and transport sectors within this tender, with projects such as renewable diesel, sustainable aviation fuel, biomethane, storage terminals, and heavy vehicle charging networks potentially participating. Minister for Industry and Trade Anoulack Chanthivong stated that the launch of the expression of interest process sends a clear signal: New South Wales is open for business and committed to advancing major fuel security investments. The expression of interest and market sounding process will remain open until June 22, 2026.
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