Albanese announces $10 billion fuel security plan to boost national reserves

Posted 3 hours ago by

Sky News Australia

Prime Minister Anthony Albanese unveils an Australian fuel security package to help boost national reserves. “The package will provide more than $10 billion to secure Australia’s near-term fuel and fertiliser security, establish a permanent government-owned Australian fuel security reserve of around one billion litres,” Mr Albanese said. “This will support an overall expansion of Australia’s onshore fuel reserves to ensure at least 50 days of fuel supply and storage.”