Australia to establish 1-billion-litre reserves of jet fuel and diesel
Australia is adding strategic fuel stockpiles that would bolster availability of jet fuel and diesel in a disruption.
Source →The trace
How it reaches your house.
Starting from Crude Oil Feedstock, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Crude Oil Feedstock →supply upA new refinery would increase crude-to-fuels processing capacity, making gasoline and diesel more available.
78% confidenceCrude Oil Feedstock →supply upAdditional refinery throughput would also raise output availability for heating oil derived from crude feedstock.
72% confidenceGasoline and diesel →Stands to benefitAustralia
The proposed refinery would strengthen Australia's fuel-security position and add domestic processing capacity, so the country stands to benefit if the project proceeds.
“The WA and federal governments will investigate building a new oil refinery to strengthen the country's energy security.”
Hop 2
Home heating oil →Prices riseMore refining capacity raises crude throughput needs, so the crude feedstock input tightens and its price tends to rise.
78% confidenceHome heating oil →Prices riseHigher refinery output increases hydrotreating hydrogen demand, pushing up the refinery-grade hydrogen input.
73% confidenceHome heating oil →Prices riseHydrotreating Catalysts (CoMo/NiMo)
Additional refining throughput consumes more hydrotreating catalyst capacity, increasing demand for CoMo/NiMo catalysts.
Hop 3
Amine Desulfurization Chemicals →Stands to benefitBelgium holds a 50.2% supply share for this input, so incremental refinery demand should disproportionately benefit suppliers based there.
68% confidenceAmine Desulfurization Chemicals →Stands to benefitThe United States accounts for 45% of this input's supply share, so added demand from refinery capacity should flow to U.S.-based suppliers.
67% confidenceAmine Desulfurization Chemicals →Stands to benefitBASF SEBAS
Hop 4
Topsoe A/S →Prices riseHydrotreating Catalysts (CoMo/NiMo)
A new Australian refinery adds fuel-processing capacity, which should increase demand for hydrotreating catalysts that Topsoe supplies, putting upward pressure on this high-share catalyst line.
65% confidenceAlbemarle Corporation (Ketjen Catalysts) →Prices riseHydrotreating Catalysts (CoMo/NiMo)
A proposed new Australian refinery would need more hydrotreating catalyst capacity, and Ketjen's 15% share with an 8-month replacement lead time points to firmer prices.
63% confidenceAir Products and Chemicals, Inc. →supply up