Canberra, 7 May 2026 – Australia will invest A$10 billion to strengthen national fuel security, including the creation of a permanent government-owned fuel reserve, as global instability and supply-chain risks push energy resilience higher on the policy agenda.
The package is designed to lift Australia’s onshore fuel stockpiles and reduce vulnerability to disruptions in international shipping routes. A key part of the plan is the establishment of a government-owned reserve containing about one billion litres of diesel and aviation fuel, aimed at improving emergency preparedness and supporting national energy sovereignty.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
