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World Australia could run out of fuel in 43 days as escalating conflict in Syria threatens to cripple supply channels, experts warn

12:10  16 april  2018
12:10  16 april  2018 Source:   dailymail.co.uk

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Australia could run out of fuel in just 43 DAYS as escalating conflict in Syria threatens to cripple supply channels , experts warn .

Australia could completely run out of fuel by the end of next month, experts say, as the escalating conflict in Syria threatens to cripple supply channels from overseas. A precarious combination of low oil reserves and

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Australia could completely run out of fuel by the end of next month, experts say, as the escalating conflict in Syria threatens to cripple supply channels from overseas.

Experts have predicted Australia will completely run out of fuel by the end of next month as the ongoing troubles in Syria threatens to hinder international supply channels ..

Australia could completely run out of fuel by the end of next month, experts say, as the escalating conflict in Syria threatens to cripple supply channels from overseas.

A precarious combination of low oil reserves and over-dependence on international imports puts Australia at particular risk of running dry.

While the International Energy Agency mandates that countries hold a stock in reserve 'equivalent to 90 days of net imports', Australia only has 43 days worth of supply, the Australian reports.

And that could be cut down even further if a global crisis threatens supply channels from places like the Middle East.

Defence Strategy and Capability at the Australian Strategic Policy Institute senior analyst Dr Malcolm Davis says Australia's fuel reserves would last '20 days at best' if supplies were cut off, News.com.au reports.

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Australia is at risk of running out of fuel in the next few weeks due to the ongoing conflict in Syria . The escalating situation in the war-torn country threatens to cripple the supply chains that keep Australia going.

Australia is at risk of running out of fuel in the next few weeks due to the ongoing conflict in Syria . The escalating situation in the war-torn country threatens to cripple the supply chains that keep Australia going.

'[Australia is] one of the few countries in the world that does not take our energy security seriously' said Dr Nolan.

'It would be a Mad Max world. Our society and our economy would begin to fall apart very quickly... [because] everything depends on fuel to make an economy run. 

'It is very serious.'

The rather ominous forecast comes in the wake of major US strikes on the Assad regime, as tensions escalate and threaten to compromise international trade.

This could prove dire for a nation that outsources its oil refining to such international locations as Singapore.

'Instead of investing in refinement facilities here for refining fuel, the government has decided it's cheaper to do it overseas,' said Dr Davis.

'The price they pay for that in a crisis is that China can interrupt flow to Australia [from Singapore] relatively easy and our economy falls apart.'

Liberal Senator and former major general in the Australian Army Jim Molan agrees that 'we stand in real trouble.'

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Australia is at risk of running out of fuel in the next few weeks due to the ongoing conflict in Syria . The escalating situation in the war-torn country threatens to cripple the supply chains that keep Australia going.

Australia is at risk of running out of fuel in the next few weeks due to the ongoing conflict in Syria . The escalating situation in the war-torn country threatens to cripple the supply chains that keep Australia going.

Speaking to 2GB on Monday Morning, Mr Nolan criticised the government's passive approach to issues of fuel supply and energy security, calling it 'a single point of failure for Australia.

'The way that we seem to get around this is that we buy credits overseas which ignores the entire problem,' he said.

'Those credits say that if things go wrong we can buy from overseas, but hang on: our supply lines of communication by ship are likely to be either threatened, or because of insurers nothing will come to us at all.'

Moreover, a chronic shortage of petrol, diesel and aviation fuel could render the Australian military immobile.

According to Mr Molan, Australia is one of the few places in the world that doesn’t have a government-mandated strategic reserve of fuel.


Kremlin, on possible missile delivery to Syria, says Western strike soured atmosphere .
The Kremlin on Monday declined to comment on media reports that Russia planned to soon supply Syria with S-300 missile systems, but said a Western missile strike on Syria had soured the atmosphere in the region. Russia's daily Kommersant newspaper, citing unnamed military sources, reported earlier on Monday that Russia might start supplying S-300 anti-aircraft missile systems to Syria in the near future.It said experts believed that Israel would react negatively to the development and might bomb the area where the missile systems would be deployed.

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