Australia's energy minister announces lowering minimum stock obligations for diesel and fuel
Australia's decision to lower minimum stock obligations for diesel and petrol is a strategic response to recent fuel supply chain disruptions.
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Australia's energy minister announces lowering minimum stock obligations for diesel and fuel
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Says:
- To address fuel supply chain disruption by reducing up to 20% of the baseline minimum stockholding obligation for petrol and diesel, which would allow the release of up to 762mln litre of petrol and diesel from Australia's domestic reserves.
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