News

The Albanese Government has temporarily made a minor adjustment to diesel standards, which will help suppliers bring more fuel into the domestic market for farmers, truckers and regional communities.

The Albanese Government is helping Australia’s trucking industry manage the impacts of the war in the Middle East, ensuring truckies and transport operators are better protected from fuel price rises.

The Albanese Government is further strengthening Australia’s fuel security, paving the way for our refineries to embrace new technologies while delivering the petrol and diesel we need to keep Australians moving.

The Prime Minister convened National Cabinet today to address fuel security and supply chain resilience in Australia in response to the conflict in the Middle East.

The Albanese Government has appointed Anthea Harris as Fuel Supply Taskforce Coordinator – a new role, supporting the work governments around the country are doing to ensure Australia is overprepared and quick to respond when facing fuel and other supply chain challenges arising from the conflict in the Middle East.

[CUTS IN] to relax the minimum stock obligation, our strategic reserve, our diesel, and petrol. That instrument has been signed, and as I indicated on Friday, we’ll be seeking undertakings, from the affected minimum stock obligation, energy refineries, and importers, they will work with the government, to prioritise supplies for those regions, which are undergoing such shortages.

Minister for Resources and Northern Australia Madeleine King has engaged in discussions with Indo-Pacific partner nations over the weekend, with the view to enhancing cooperation on regional energy security while safeguarding Australia’s own energy needs.

The Albanese Government will help to address fuel supply chain disruption by releasing up to 20 per cent of the baseline Minimum Stockholding Obligation for petrol and diesel.

The Government’s focus is ensuring our fuel gets to where it needs to go.