Tasmania has 56 days of diesel and 96 days of petrol in reserve, with the state set to receive a share of a new 150 million litre federal diesel shipment aimed at easing pressure on supply.
The figures come from the Tasmanian government’s May 15 fuel update, the latest in a series of weekly bulletins issued since fuel security measures were stepped up earlier this year.
Diesel stocks have sat between 55 and 63 days since mid-April. Petrol dipped to 83 days in early May before recovering.
All five of Tasmania’s fuel terminals remain stocked and more than 99% of retail outlets are fully supplied.
Tasmania has been at Level 2 of the National Fuel Security Plan, “Keeping Australia Moving”, for at least the past month.
The new diesel package, announced by the federal government, will be split between Tasmania, South Australia, Victoria and Queensland.
Premier Jeremy Rockliff said the state had secured its “fair share”.
“[This] will help protect our transport industry, farmers and put some more downward pressure on diesel prices at the pump,” Rockliff said.
The federal shipments have been arranged through Export Finance Australia and involve fuel companies Ampol and Viva Energy alongside regional supplier IOR.
Federal Trade Minister Don Farrell said about 600 million litres of additional diesel had been secured under the federal government’s new strategic reserve powers since they were introduced.
The federal government has attributed the measures, which also include a halving of the fuel excise, to ongoing global volatility affecting fuel supply.
Prime Minister Anthony Albanese said the response was working.
“In the face of global instability, we are leaving no stone unturned as we work to keep Australia moving, working and flying,” Albanese said.
“These are more extra shipments of diesel thanks to the early actions our government took, this time heading to Tasmania, South Australia, Queensland and Victoria, helping fuel the regional activity there which is critical to our nation.”
Tasmanians have been urged to keep buying fuel as normal and to use the FuelCheck TAS app to compare prices.
