BY IAN CROUCH
Newcastle has been included in a major federal government investment to boost long-term fuel security across Australia.
$260 million is going towards 10 projects including two in the Port of Newcastle to increase the storage capacity of diesel.
The Stolthaven depot at Mayfield North will see capacity lifted by 126 Megalitres, while the Park Fuels facility at Kooragang will be able to carry an additional 30 Megalitres.
The two projects are expected to create about 130 jobs during construction.
The projects will also deliver an extra 202 Megalitres of petrol and jet fuel storage to be funded by the private sector.
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| The Stolthaven Fuel Depot at Mayfield North is in line for a major increase in storage capacity |
