Today: September 2, 2015, 12:36 pm
  

Australia refined petroleum market accounted for 5% of total tax collections in 2010

companiesandmarkets.com
companiesandmarkets.com
Refined Petroleum Products in Australia: ISIC 232 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-01 17:35:04
Australia´s refined petroleum industry makes a major contribution to the domestic economy, generating revenues of A$24 billion and accounting for 5% of total tax collections in 2010. The country´s downstream oil industry is built on a platform of refineries supplying a nationwide network of fuel distribution and retailing.

These refineries employ more than 6,400 people and account for A$200-400 million in annual capital investment. Australia´s refineries are however relatively small compared to newer and larger refineries in the region, particularly in Singapore.

Industry turnover grew by an average of 3% per annum over 2000-2010, with this growth resulting entirely from soaring fuel prices worldwide. Turnover at constant prices meanwhile showed continuous decline since 2003. The producer price index (base year 1997) for this industry grew from 163 in 2000 to 279 in 2010.

Click for report details: www.companiesandmarkets.com/Market/Energy-and-Utilities/Market-R ..

Browse all Energy and Utilities Market Research Reports www.companiesandmarkets.com/Market/Energy-and-Utilities/Market-R ..

Browse all Energy and Utilities Company Profile Reports www.companiesandmarkets.com/Market/Energy-and-Utilities/Company- ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com
Related Articles

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.