Fuel Security (Fuel Security Services Payment) Amendment Guidelines 2026

Fuel Security (Fuel Security Services Payment) Amendment Guidelines 2026

I, Chris Bowen, Minister for Climate Change and Energy, make the following guidelines.

Dated 16 March 2026   

Chris Bowen

Minister for Climate Change and Energy

Contents

1  Name

2  Commencement

3  Authority

4  Schedules

Schedule 1—Amendments

Fuel Security (Fuel Security Services Payment) Guidelines 2021

1  Name

  This instrument is the Fuel Security (Fuel Security Services Payment) Amendment Guidelines 2026.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under subsection 43(4) of the Fuel Security Act 2021.

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Fuel Security (Fuel Security Services Payment) Guidelines 2021

1  Paragraph 5(4)(a)

After “6.4 cpl”, insert “plus any adjustment factor”.

2  Paragraph 5(4)(b)

After “4.6 cpl”, insert “plus any adjustment factor”.

3  Subsection 6(4)

After “margin marker for each committed refinery”, insert “plus any adjustment factor”.

4  Subsection 12(2)

Omit “$1.80”, substitute “$1.48”.

5  Subsection 12(3)

Omit “$3.10”, substitute “$2.11”.

6  Part 4 (heading)

Repeal the heading, substitute:

Part 4­—Milestone reporting

7  Section 14 (heading)

Repeal the heading, substitute:

14  Milestone reporting

8  Section 14

Before “The method”, insert “(1)”.

9  Section 14

After “two years”, insert “starting on the day this instrument commences”.

10  At the end of section 14

Add:

(2) The method for determining the rate of fuel security services payments will be subject to a further milestone report after 1 July 2027 to ensure that it is still appropriate for Australian market conditions.