Federal Member for Wannon Dan Tehan returned from trade talks in Taiwan this week regarding the long-term supply of Diesel in Australia, and other key sectors such as Agriculture and critical minerals.
The local MP led the cross-party delegation on a five-day visit, which included high-level discussions with senior government leaders and ministerial officials.
Australia’s major import from Taiwan is refined petroleum, with approximately $3.6 billion worth imported in 2024.
There are worldwide concerns about the supply of fuel, caused by the ongoing conflict between the USA and the Middle East.
According to the MP, Australia is well into its reserve stockpile of Diesel and Jet Fuel, and if there isn’t any development in the conflict by July, there are fears Australia could face a huge crisis.
Dan says the talks in Taiwan were extremely positive, but there are still underlying concerns about fuel supply.
