Australia unveils 10.7 billion dollar fuel security plan with national reserve push

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Modern Diplomacy

Prime Minister Anthony Albanese has announced a major fuel security package worth 10.7 billion dollars as Australia faces ongoing concerns over supply disruptions. The plan includes creating a government owned fuel reserve of about one billion litres and increasing minimum stockholding requirements. Australia’s refining capacity has declined sharply over the years, leaving the country more [] The post Australia unveils 10.7 billion dollar fuel security plan with national reserve push appeared first on Modern Diplomacy.