97Petroleum refinery feedstocks

97 Petroleum refinery feedstocks

(1) Kilolitres of the following substances that are used in carrying on the activity of petroleum refining at the facility in accordance with subsection (2): (a) stabilised crude petroleum oil at 15 °C and 1 atmosphere; and (b) condensate at 15 °C and 1 atmosphere; and (c) biogenic oils at 15 °C and 1 atmosphere; and (d) liquid synthetic hydrocarbons at 15 °C and 1 atmosphere; and (e) alcohol feedstocks at 15 °C and 1 atmosphere; and (f) waste or recycled material that has undergone pyrolysis; and (g) eligible petroleum feedstocks at 15 °C and 1 atmosphere; and (h) bio‑crude or bio‑intermediates produced from thermochemical processes. (2) A substance mentioned in paragraphs (1)(a) to (h) is used in carrying on the activity of petroleum refining if the substance is, or is to be, refined: (a) by 1 or both of the processes mentioned in paragraphs (3)(a) and (b); and (b) into either of the following: (i) 1 or more petroleum products mentioned in paragraphs (3)(c) and (d); (ii) other by‑products that result from carrying on the petroleum refining activity. (3) The metric in subsection (1) is applicable to a facility that conducts the activity of petroleum refining through the chemical and physical transformation of stabilised crude petroleum oil, which may be supplemented with 1 or more of condensate, biogenic oils, liquid synthetic hydrocarbons, alcohol feedstocks, waste or recycled material that has undergone pyrolysis, eligible petroleum feedstocks or bio‑crude or bio‑intermediates produced from thermochemical processes, to produce a range of refined petroleum products through the following processes: (a) the distillation of stabilised crude petroleum oil, condensate, tallow, vegetable oil and other petroleum feedstocks; (b) the adjustment of the molecular weight and structure of hydrocarbons (such as that which occurs through catalytic or hydro‑cracking, steam or catalytic reforming, polymerisation, isomerisation or alkylation); (c) the blending of products from distillation and adjustment of molecular weight and structure to produce Australian and international standard diesel, jet fuel and unleaded petrol; (d) the production of 2 or more of the following refinery products saleable in Australian or international markets: (i) hydrogen; (ii) ethane; (iii) propane; (iv) refinery grade propylene; (v) polymer grade propylene; (vi) liquefied petroleum gas; (vii) butane; (viii) naphtha; (ix) aviation gasoline; (x) before oxygenate blend; (xi) kerosene; (xii) heating oil; (xiii) solvents; (xiv) lubricant base stocks; (xv) leaded petrol; (xvi) waxes; (xvii) bitumen. (4) However, the metric in subsection (1) is not applicable to a facility unless: (a) each of the processes mentioned in paragraphs (3)(a) to (d) are conducted within the year at the facility; and (b) the combined volume of diesel, jet fuel, unleaded petrol, lubricant base stocks and bitumen at 15 °C and 1 atmosphere produced from stabilised crude petroleum, condensate, biogenic oils, liquid synthetic hydrocarbons, alcohol feedstocks, waste or recycled material that has undergone pyrolysis, eligible petroleum feedstocks and bio‑crude or bio‑intermediates produced from thermochemical processes is equal to or greater than 75% of the total kilolitres of stabilised crude petroleum, condensate, biogenic oils, liquid synthetic hydrocarbons, alcohol feedstocks, waste or recycled material that has undergone pyrolysis, eligible petroleum feedstocks and bio‑crude or bio‑intermediates produced from thermochemical processes used in the year at the facility. (5) The activity in subsection (3) is the petroleum refining activity. (6) The default emissions intensity is: (a) if the facility is, for the financial year, in compliance with all fuel quality standards requirements that apply to unleaded petrol refined by the facility—0.148 t CO2‑e per kilolitre of the substances mentioned in paragraphs (1)(a) to (1)(h); (b) otherwise—0.138 t CO2‑e per kilolitre of the substances.