Caltex Australia Ltd. (CTX.AU) is planning to lease from a private company a proposed new fuel storage terminal in South Australia state, the competition regulator said Wednesday.

Terminals Pty. Ltd. intends to lease to Caltex a fuel storage facility at Pelican Point in Port Adelaide, the Australian Competition and Consumer Commission said on its website.

A Caltex spokesman wasn't immediately available for comment.

-By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com

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