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The Australian government has secured three shipments of jet fuel from the People’s Republic of China after a meeting of senior officials.
The jet fuel, around 100 million litres or more than 600,000 barrels, is expected to arrive in June this year after a meeting between Prime Minister Anthony Albanese and China’s Premier Li Qiang.
The aviation fuel adding to cargo was secured through the federal government’s $7.5 billion Fuel and Fertiliser Security Facility.
Prime Minister Albanese has confirmed that the jet fuel shipments are a first step and the government will be working on more to come.
“In the face of global challenges, my government will leave no stone unturned to shield Australians from the impact of global fuel challenges,” he said.
“The additional 600,000 barrels of jet fuel will help keep Australia moving, and the extra fertiliser will help provide certainty to our farmers.
“It shows the relationships that we’ve built and repaired with China, with Singapore, with Brunei, Malaysia, South Korea, Japan, are putting us in good stead.”
In addition to the jet fuel, Australia also successfully negotiated to secure another 38,500 tonnes of agricultural grade urea fertiliser from Brunei.
The Fuel and Fertiliser Security Facility has now helped to obtain around 125,000 tonnes of agricultural grade urea, in addition to the 250,000 tonnes of agricultural grade urea secured from Indonesia in partnership with Incitec Pivot.
“Securing these jet fuel supplies is just one of the ways the Albanese government is working with industry to keep people and goods moving,” said Minister for Infrastructure, Transport, Regional Development and Local Government Catherine King.
“This additional fuel will be a welcome boost for our aviation sector and ensure the public can continue to fly with confidence.”
Robert Dougherty
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