Australia’s two remaining oil refineries will be encouraged to stay put under a $2 billion plan aimed at shoring up the nation’s fuel security.
Under the federal government’s package, the two refineries — in Queensland and Victoria — will be offered up to 1.8 cents per litre of fuel they produce until 2030.
Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3tQLaxS
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It’s news when you want it, from Australia’s most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews