Quantem, the leading independent bulk liquid storage and handling company throughout Australia/NZ, confirms its application under the Federal Government’s Boosting Australia’s Diesel Storage Program has been successful.
Quantem will receive funding to assist in the construction of an additional 80,000 cubic metres of diesel storage capacity
at its Pelican Point terminal in Adelaide.
“The diesel storage program is an important policy initiative,” said Nick Moen, CEO of Quantem.
“The program will bolster Australia’s domestic fuel security and safeguard future supplies for the country’s transport
sector and industrial supply chains which are vital to Australia’s infrastructure requirements.
“As a leader in bulk liquid storage and handling, we are pleased to play our part. The investment to expand our Pelican
Point terminal will add significant open access diesel storage capacity for the fuels industry in South Australia and also
create employment opportunities in the area,” he said.
The expansion at Pelican Point is expected to be complete by December 2023.