Australia's low fuel storage becomes a problem if shipping lanes shut down: Lambert

October 12, 2018

Australia is an island nation that depends heavily on imported fuel. Whilst we have got away with maintaining a low domestic stockpile, the Conservative Party's South Australian Senate candidate Rikki Lambert says regional tensions could create problems.

According to recent reports, Australia has just 22 days' worth of crude oil, 59 days of liquefied petroleum gas (LPG), 20 days of petrol, 19 days of aviation fuel, and 21 days of diesel in reserve. Whilst this contravenes an 'obligation' Australia has - as a member of the International Energy Agency (IEA) - to hold at least 90 days of supply, the contravention has been allowed to continue for many years due to secure shipping routes and solid logistical management.

Mr Lambert's told FIVEaa's Andrew Reimer that his greatest concern is how problematic that low fuel storage level becomes if national and regional security are imperilled - particularly by an increasingly brazen Chinese communist government.

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