it has completed a major upgrade of its Banksmeadow fuel distribution terminal to handle 10% ethanol-blended fuel and serve the markets in Sydney and the New South Wales markets.
Minister for Lands, Rural Affairs and Regional Development Tony Kelly launched the new ethanol facilities as fuel tankers lined up to load Bio E10 unleaded gasoline for distribution throughout Sydney.
“Over 120 service stations in the Caltex network in NSW and 220 nationwide currently offer Bio E10 Unleaded and with the upgraded terminal facilities we will be able to offer more of our customers in NSW and the ACT the choice of using a fuel that reduces greenhouse gas emissions and our reliance on fossil fuels,” said Caltex managing director and CEO Des King.
“A new ethanol storage tank has been completed with another larger tank due online in the next three months. Together they will provide one million litres of ethanol storage.
“Another positive development is that ethanol will be mixed with unleaded gasoline simultaneously through an inline blending system as tankers are being loaded. This will significantly decrease the loading time compared with the previously system of loading unleaded gasoline at Banksmeadow terminal before driving to another facility at Port Botany to add the 10% ethanol.
“Caltex has invested nearly A$3 million dollars in the upgrade to the Banksmeadow terminal and is investing in a similar upgrade at its Lytton terminal in Queensland. (US$1=A$1.03).
“As the largest primary wholesaler of petrol in NSW these upgrades are an essential component of our plan to meet the NSW Government’s ethanol mandate and our commitments under the former federal government’s biofuels action plan.”