Australia funds feasibility study for Western Australian oil refinery project
Australia plans to fund a feasibility study for an oil refinery in Karratha, Western Australia, amid fuel security concerns. Industrial company Perdaman, owned by Perth billionaire Vikas Rambal, could build the facility. The project addresses strategic vulnerabilities, though Australia would still need to import crude oil and face higher production costs than competitors.
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Published 31 Jul 2026, 10:29 UTC · Updated 31 Jul 2026, 10:40 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections