Global Trade Alert
Global Trade Alert

Australia: Government approves new support measure for refineries

Announcement

14 Dec 2020

The government of Australia approved a new production subsidy to support refineries affected by the COVID-19 crisis.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2021

Revocation date:

30 Jun 2021

Updated: 14 Dec 2020
Production subsidy

On 14 December 2020, the Minister for Energy and Emissions Reduction of Australia announced the approval of a new support measure for refineries. Concretely, the new mechanism will provide producti...

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