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Australia considers first domestic oil refinery in 60 years
The federal government and the government of Western Australia will jointly spend a total of 4 million Australian dollars (approximately 2.8 million US dollars) on a feasibility study for a new oil refinery project. The purpose of this study is to assess the viability of establishing the refinery and to analyze its potential costs and benefits, in order to enhance fuel supply stability and reduce reliance on imported oil.
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