CANBERRA, ACT, July 28 -- The Prime Minister of Australia issued the following media release:

The Albanese and Cook Labor Governments have announced they will kick off investigations into building a new oil refinery in Western Australia. The project is proposed by Perdaman, and would help strengthen energy security in Australia.

The Prime Minister and Premier travelled to Karratha to announce they will conduct a jointly funded $4 million pre-feasibility study for a new large-scale oil refinery, which would be built by Perdaman.

This refinery would create thousands of jobs, boost the local economy and help to secure Australia's fuel security, particularly diesel for regional communities in WA.

The Perdaman facility could be the first new...