This Puma Energy terminal in San Jose, Guatemala, is similar to the petroleum import terminal being built at Mackay Harbour.
This Puma Energy terminal in San Jose, Guatemala, is similar to the petroleum import terminal being built at Mackay Harbour. Contributed

$100m investment in region as new fuel terminal is installed

IF YOU'VE taken a drive to the North Wall at Mackay Harbour recently you may well have noticed some big changes taking place off Spiller Ave.

The lion's share of Puma Energy's $100 million investment in our region is being poured into the construction of the Mackay Fuel Import Terminal, which should be completed in May.

The $70 million terminal is the second wholly owned bulk storage facility in the country - the other is in Brisbane - and it's a key component in the company's medium and long-term strategy for central and north Queensland, according to Puma Energy Australia general manager Ray Taylor.

You'd be right if you're thinking there's a mining connection.

"Yes, the reason for our investment in Mackay is to support the mining industry and to support our acquisition of Central Combined Group," Mr Taylor said.

The oil company has ramped up its presence in Australia in the past 12 months with three major acquisitions: Neumann Petroleum - owners of Matilda and Neumann service stations; Ausfuel - owner of Gull, Choice and Peak service stations; and Central Combined Group - which trades as Fuel Central and Lube Central.

North Queensland Bulk Ports chief operating officer Jeff Stewart-Harris has welcomed the Mackay investment.

"NQBP congratulates Puma Energy on near completion of their fuel storage facility, which will strengthen the region's economy and contribute significantly to distribution of petroleum to the region," he said.

Puma will import petroleum from various places but chiefly Asia, before distributing it via B-double trucks.

It's that distribution which could prove to be a sticking point, as trucks will have to take the only route in and out of the harbour over the problematic Vines Creek dual bridge.

Mr Taylor said the company was aware of the problem.

"The current bridge is a concern as this is a critical piece of infrastructure connecting the port to market," he said.

"Puma Energy will work actively with all parties to ensure this situation is addressed."

See the full story in today's Daily Mercury.

 

Would you be concerned if there was more fuel tankers on our roads?

This poll ended on 12 March 2014.

Current Results

Yes

41%

No

58%

This is not a scientific poll. The results reflect only the opinions of those who chose to participate.



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