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Viability of new diesel storage for Eden under investigation

Pentarch Logistics together with its partner, South East Fibre Exports (SEFE), is investigating the viability of constructing a new diesel storage facility at the Eden wood and export facility in southern NSW. Source: Timberbiz

The SEFE owned industrial site is approximately 25kms south of the Eden township, at the southern end of Twofold Bay, and houses timber processing and wood-chipping operations, timber storage yards and has its own wharf and ship-loading infrastructure.

A potential strategic diesel storage site at Eden will support the Australian Government’s long-term goal of increased domestic fuel stocks aimed at limiting the impact of fuel supply disruptions.

Pentarch Logistics Chief Executive Officer, Paul Heubner said the proposed site is strategically positioned in a non-metropolitan location on the East coast of Australia, approximately halfway between Sydney and Melbourne and could serve as a distribution point for fuel to areas such as Canberra, the Riverina, Snowy Mountains, South Coast NSW, and Eastern Victoria.

“We believe the Eden site represents a unique and compelling location for a viable Greenfield operation which best meets national fuel security requirements,” he said.

The Eden facility has a fuel depot which distributes over 4 million litres of diesel per annum to Pentarch Logistics and its associated contractors.  An opportunity to increase fuel storage and distribution capacity will provide further employment and trade opportunities in the area, and complement other activities being undertaken at the Eden site including the timber processing and optimisation hub.

The proposed strategic diesel storage facility will be designed to be able to provide fuel to vessels calling into the Port of Eden, therefore positioning the port for future growth.

“We believe that the establishment of a new fuel reserve in combination with the planned investments at the Eden site, will produce important employment and economic benefits to the region and will provide much-needed fuel supply reliability,” Mr Heubner said.

Pentarch Logistics will enter into preliminary discussions on this project with the Department of Planning, Industry and Environment shortly.