Australian PM Introduces $250 Million Fuel Security Package

Australian Prime Minister Scott Morrison speaks during question time in the House of Representatives at Parliament House in Canberra, Australia, on March 30, 2022. Martin Ollman/Getty Images

Australian Prime Minister Scott Morrison has announced measures to improve the country’s fuel security, including a $250 million (US$187 million) grant to two oil refineries on the third day of the election campaign.

An Ampol facility in Brisbane and the Viva Energy refinery in Geelong will share the package, with each receiving $125 million to perform major upgrades.