Extra jet fuel shipments are due to arrive in Australia from China following negotiations with Beijing.<\/p>\n
About 100 million litres of jet fuel will begin arriving in Australia in three shipments from the beginning of June.<\/p>\n
The additional fuel followed talks held between Prime Minister Anthony Albanese and Chinese Premier Li Qiang.<\/p>\n
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By continuing you agree to our Terms<\/a> and Privacy Policy<\/a>.<\/p>\n Foreign Minister Penny Wong also visited China in April for talks with Premier Li on fuel supply, leading to Chinese state-owned oil companies agreeing to negotiate directly with Australian businesses on distribution.<\/p>\n China is one of the largest jet fuel exporters to Australia, but has restricted supply since the Iran war started in late February in order to protect its domestic stock.<\/p>\n Mr Albanese said the extra fuel would bring further certainty to supply levels.<\/p>\n \u201cIn the face of global challenges, my government will leave no stone unturned to shield Australians from the impact of global fuel challenges,\u201d he said.<\/p>\n \u201cThe additional 600,000 barrels of jet fuel will help keep Australia moving.\u201d<\/p>\n More agricultural-grade urea has also been locked in from Brunei, with more than 38,000 tonnes secured following recent fuel deals.<\/p>\n Agriculture Minister Julie Collins said the supply would give farmers more confidence.<\/p>\n \u201cThe additional fertiliser we have secured through our $7.5 billion Fuel and Fertiliser Security Facility will mean Australia\u2019s farmers can keep farming,\u201d she said.<\/p>\n \u201cHaving access to critical inputs like fertiliser underpins the food security of Australia and the countries we export to, particularly in the Indo-Pacific region, which is why we\u2019ve been working day and night with industry to get fertiliser to our farmers.\u201d<\/p>\n The closure of the Strait of Hormuz, where one-fifth of the world\u2019s oil supply goes through, has created volatility in global markets.<\/p>\n Senator Wong said Australia was continuing to work with allies to secure fuel supply as the war in the Middle East continues.<\/p>\n \u201cAustralia is working with countries in our region to respond to this unprecedented shock to the global economy and ensure the continued flow of essential fuels,\u201d she said.<\/p>\n","protected":false},"excerpt":{"rendered":"Extra jet fuel shipments are due to arrive in Australia from China following negotiations with Beijing. About 100…\n","protected":false},"author":2,"featured_media":679944,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44,84],"class_list":["post-679943","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news","tag-politics"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/679943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=679943"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/679943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/679944"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=679943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=679943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=679943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}