Australia secures extra diesel to bolster war-hit supply - 24NewsHD
Australia has secured an additional supply of some 100 million litres of diesel from Brunei and South Korea, as the country looked to boost supplies hit by the
www.24newshd.tvHere are the latest updates on Australia’s diesel supply:
- Australia has secured additional diesel shipments totaling about 100 million litres from Brunei and South Korea, using new strategic reserve powers. This is the first use of those powers during the current fuel situation. The move aims to bolster supply amid Middle East tensions and refinery disruptions.[3][5]
- A subsequent package expanded this to roughly 200 million litres across multiple shipments, with partnerships involving Export Finance Australia, BP Australia, and Viva Energy, and ongoing efforts with other suppliers to shore up stock ahead of peak farming season.[1][7]
- The government has emphasized that around 90% of Australia’s fuel is imported, and these measures are intended to prevent shortages and keep essential services and farming operations running smoothly.[1][3]
- Coverage from Australian outlets notes that these actions come in response to refinery fires and heightened global oil-market volatility, and there is ongoing discussion about whether states should consider independent stockpiles to supplement national efforts.[10][3]
Illustration: A simple view of the current situation is that Australia has activated strategic reserve tools to secure multiple diesel shipments from international partners, totaling several hundred million litres across weeks, to protect supply during a period of geopolitical risk and domestic disruption.
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