Sydney, April 22 (IANS) Australian Prime Minister Anthony Albanese on Wednesday announced the government has secured additional diesel shipments.Albanese told reporters in Sydney that four shipments, two from South Korea and one each from Brunei and Malaysia, with a combined 200 million litres of diesel, have been secured by the government in collaboration with BP and Viva Energy.He said that the government has been working to guarantee Australia’s domestic fuel supply amid global volatility and…
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Sydney, April 18 (IANS) Prime Minister Anthony Albanese said on Saturday that Australia welcomes the reopening of the Strait of Hormuz and will consider deploying military assets to secure shipping in the region. Speaking to reporters in Sydney, Albanese welcomed Iran’s announcement that the Strait has completely reopened for all commercial vessels during the ceasefire between Israel and Lebanon.”This was positive news that we received last night,” Albanese said. “We want to see, though, this fr…
Melbourne, April 16 (IANS) Authorities said on Thursday that equipment failure caused a major fire at an Australian oil refinery that is expected to affect the national fuel supply.The fire broke out at Viva Energy’s refinery in the city of Geelong, 65 km southwest of Melbourne, around 11 p.m. local time on Wednesday and was continuing to burn on Thursday morning.The facility is one of only two operational refineries in Australia and produces about 10 per cent of the national fuel supply.Michell…
Sydney, April 4 (IANS) Australian Energy Minister Chris Bowen said on Saturday that Australia’s fuel supply “remains strong” and more petrol is getting to service stations across the country. Providing a weekly update on fuel supply, Bowen told reporters in Sydney that Australia had about 39 days’ worth of petrol, 29 days of diesel, and 30 days of jet fuel in reserve.”The fact these figures are effectively flat means fuel is going out the door to service stations and farmers, and fuel is going i…
Sydney, March 28 (IANS) The Australian government will underwrite the purchase of essential products affected by the conflict in the Middle East under new fuel security measures announced by Prime Minister Anthony Albanese on Saturday.Albanese and Chris Bowen, the minister for energy, told reporters in Sydney that the government will on Monday introduce legislation to the federal parliament that will allow the existing export credit agency to underwrite the purchase of fuel, fertiliser and other…
Canberra, March 27 (IANS) Australia’s fuel supply looks good in the short term, but it will get more difficult in the coming months, said Australian Prime Minister Anthony Albanese on Friday.Addressing a press conference in Parliament House in Canberra over the escalating fuel crisis facing the country, Albanese said the government is “working around the clock” to “have the strongest possible plan,” and get ready and over-prepared for what may come.Albanese noted his “positive” engagements with …
Canberra, March 23 (IANS) The Australian government announced on Monday that it will fast-track approval for data centres that use water sustainably and support the national clean energy transition.Tim Ayres, minister for industry and innovation and minister for science, said on Monday that the new framework of expectations for data centres and artificial intelligence (AI) infrastructure developers will make it easier to invest in Australia by setting clear and consistent signals.He said in a jo…
Canberra, Dec 22 (IANS) The Australian government on Monday announced plans for new laws that will require gas exporters to reserve a portion of their supply for the domestic market.Minister for Climate Change and Energy Chris Bowen said at a press conference in Canberra that the laws, which will be introduced to the federal parliament in 2026, will guarantee Australia’s supply of liquefied natural gas (LNG) and put downward pressure on prices.He said that the legislation will be developed in co…