Portfolio — 18 August 2026
The Minister for Agriculture, Fisheries and Forestry, Ms Collins, launched the next phase of the government's fuel security agenda with the release of two consultation papers aimed at strengthening supply resilience and building a domestic cleaner fuels industry. The announcement anchors a $14.8 billion package that marks a significant expansion of government involvement in fuel stockholding and domestic refining support.
**Fuel Security Reserve and Stockholding Obligations**
Ms Collins detailed the $14.8 billion Fuel Security and Resilience Package, which will establish a government-owned Australian Fuel Security Reserve holding one billion litres of diesel and jet fuel, with $3.2 billion allocated to the reserve [TA-260818-infras-be4108daf5a5:mHWM]. The package will also raise the mandatory industry fuel stockholding obligation by an additional ten days for diesel, petrol and jet fuel by 2030 [TA-260818-agricu-5ebdbc05a035].
The two consultation papers — the Strengthening Australia's Fuel Security and Resilience Consultation Paper and the Securing Australia's Cleaner Fuels Industry Consultation Paper — will shape the design and implementation of these measures [TA-260818-agricu-5ebdbc05a035].
**Domestic Refining and Low-Carbon Fuels**
Ms Collins said the government will support the two remaining domestic refineries to operate beyond 2030 and will back the development of a domestic low-carbon liquid fuels industry [TA-260818-infras-be4108daf5a5:mHWM]. She cited job creation, regional economic growth and emissions reductions as key outcomes of the package.
**Strategic Framing**
The portfolio frames fuel security as a cornerstone of national resilience, linking strategic reserves, higher stockholding obligations and domestic low-carbon fuel production to protect households, businesses and primary industries from global supply shocks [TA-260818-agricu-5ebdbc05a035]. No parliamentary sitting occurred on 18 August 2026, so the minister's activity is captured through media releases alone.
The official records this note draws on — the raw primary documents themselves, as published.