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Ampol Limited (ASX:ALD)

ALERT: Price-sensitive ASX Announcement for ALD
Current share price for ALD : $36.750 3.78 (11.46%)+
Announcement
Release
20 Mar 2026 9:57AM
Price at Release
$32.970
Full Release
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Summary
Ampol Limited announced updates regarding the Phase 1 review of the Fuel Security Services Payment (FSSP) and current fuel supply chain. The company welcomes changes, including an increase in the collar for the FSSP from 6.4 Acpl to 10.0 Acpl, with no change to the cap payment of 1.8 Acpl. Favorable amendments were made to the Government Margin Marker for Lytton, which will assist in stabilizing earnings. Ampol has deferred its major Turnaround and Inspection maintenance to August 2026 to boost domestic production. Despite the Middle East conflict's impact on global oil markets, Ampol's inventory and sourcing strategies have ensured stability. Ampol anticipates further discussions with the Federal Government about long-term fuel supply resilience and domestic refining in Australia.
Key Points
  • Ampol Limited welcomes changes to the Fuel Security Services Payment (FSSP).
  • The collar for support payments has increased from 6.4 Acpl to 10.0 Acpl.
  • No change to the cap payment of 1.8 Acpl.
  • Favorable amendment to the Government Margin Marker calculation for Lytton.
  • Deferral of planned Turnaround and Inspection (T&I) to August 2026.
  • Ampol was well-placed with inventory during the Middle East conflict.
  • The review of FSSP Phase 1 is concluded, and a second phase is anticipated.
  • The changes aim to enhance the viability of domestic refining in Australia.
  • Lytton refinery to produce an additional 300 million liters during the deferral period.
  • Federal Government’s temporary amendment to the gasoline fuel standard enables additional domestic sales.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.