Australia to release nearly 20% of fuel stockpile as Bowen insists country ‘nowhere near’ running out
by Luca Ittimani and Josh Butler from World news | The Guardian on (#7471Q)
Energy minister cuts fuel companies' minimum stock obligations to free up diesel and petrol, which will be directed to regional Australia
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Australia will begin releasing its stockpile of fuel after the government directed fuel companies to release nearly a fifth of reserve petrol and diesel supplies.
The energy minister, Chris Bowen, acknowledged fuel supplies could face further pressure but ruled out a cut to the fuel excise or rationing fuel purchases.
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