Australia Secures Major Jet Fuel Deal with China Amid Strengthened Fuel Supplies
Anthony Albanese reveals how much fuel Australia has left - as he unveils huge new deal with China

Image: Mail Online
Australian Prime Minister Anthony Albanese announced a new jet fuel supply deal with China, securing 660,000 barrels. Current fuel stocks include 43 days of petrol, 38 days of diesel, and 31 days of jet fuel, all above pre-war levels. Despite improvements, Albanese cautioned about ongoing volatility in global supply chains.
- 01Australia's fuel supplies include 43 days of petrol, 38 days of diesel, and 31 days of jet fuel, all higher than pre-war levels.
- 02The new deal with China involves the supply of 660,000 barrels of jet fuel.
- 03Albanese emphasized the importance of stabilizing supply chains amid global disruptions.
- 04The agreement was reached following discussions between Albanese and Chinese Premier Li Qiang.
- 05Foreign Minister Penny Wong's prior visit to China facilitated the deal.
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Prime Minister Anthony Albanese announced a significant new jet fuel supply agreement with China, which will provide Australia with 660,000 barrels of jet fuel. This announcement comes as Albanese reported that the country's fuel reserves have improved, with current stocks showing 43 days of petrol, 38 days of diesel, and 31 days of jet fuel—all exceeding levels recorded prior to the onset of the global energy crisis. The Prime Minister made these remarks alongside Energy Minister Chris Bowen in Canberra, highlighting the importance of the deal in stabilizing supply chains amid ongoing global disruptions. Albanese noted that discussions with Chinese Premier Li Qiang were crucial in securing this agreement, which follows Foreign Minister Wong's recent visit to China. Despite these positive developments, Albanese cautioned that the situation remains volatile, particularly due to disruptions in global shipping routes, indicating that the economic impacts of the ongoing conflict may persist even after it concludes.
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The new jet fuel supply deal will enhance Australia's energy security and stabilize fuel availability.
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