Singapore, Australia to strike pact on energy, critical supplies

Both sides will maintain LNG and refined fuel flows.

Singapore and Australia have agreed to maintain the flow of key energy supplies and accelerate work on a formal pact to safeguard critical trade, as conflict in the Middle East disrupts global supply chains.

Australia will continue supplying liquefied natural gas to Singapore, whilst Singapore will maintain exports of refined petroleum products, including diesel, to Australia, according to Prime Minister Lawrence Wong.

“We will keep these flows going — as long as upstream supplies continue,” he said during a joint press conference with Australian Prime Minister Anthony Albanese on 10 April.

Both countries are working towards a legally binding protocol on economic resilience and essential supplies, covering energy and other critical sectors.

In addition, both will step up coordination through new platforms, including an Energy Ministerial Dialogue and an Economic Resilience Dialogue.

“These platforms will enable us to deepen cooperation as the situation evolves and preserve the flow of essential supplies between our two countries,” Wong added.

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