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Minister chairs petroleum industry forum.



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Media Release

The Hon Ian Macfarlane MP Minister for Industry, Tourism and Resources

16 April 2002 02/054

MINISTER CHAIRS PETROLEUM INDUSTRY FORUM

The future, and reform, of Australia’s downstream petroleum industry is the central issue at today’s meeting of Minister for Industry, Tourism and Resources, Ian Macfarlane, and key stakeholders from the retail petroleum sector.

The forum is part of ongoing consultation between the federal government and business as both parties work towards the development of future petrol, retailing and competition policy.

"This forum allows me to hear a range of views on the industry’s problems put by peak bodies representing the interests of a broad section of players, ranging from the oil majors to individual operators," said Mr Macfarlane.

The Australian Institute of Petroleum (AIP), the Australian Petroleum Agents and Distributors Association (APADA), the Motor Trades Association of Australia (MTAA), the Independent Petroleum Marketers Association of Australia (PMAA), Service Stations Association (SSA) and Australian Competition and Consumer Commission (ACCC) are all represented at the forum.

Issues expected to be raised at the forum include various models for terminal gate pricing, reform of Commonwealth legislation relating to petroleum retailing and competition policy within the sector.

"At the end of the day, the Government would like to see a petroleum retail sector with room and opportunities for both large and small players, where the consumer is served by genuine competition," Mr Macfarlane said.

"However, for reform to proceed there needs to be broad industry support."

As well as providing the Minister with a first-hand appreciation of various stakeholders’ views, the forum encourages valuable input into the development of a Downstream Petroleum Policy Framework, currently being undertaken by the Department of Industry, Tourism and Resources.

Mr Macfarlane intends launching this framework later this year to outline the Government’s industry policy directions for downstream petroleum activities in Australia in the future.

The forum is being held at Parliament House, Room 1R1, and Mr Macfarlane will be available for interview when the meeting breaks for morning tea at 10am.

Department Contact: Stuart Smith, 02 6213 7926

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