Australia Aims to Use LNG Clout to Secure Asian Fuel Supplies

Australia is seeking to leverage its vast liquefied natural gas exports to Asia to secure fuel supplies in return, as the country grapples with shortages triggered by the war in Iran.

Canberra has stepped up diplomatic outreach across the region, with Resources Minister Madeleine King and Foreign Minister Penny Wong engaging with leaders from South Korea, Malaysia, Singapore and Japan to ensure that shipments keep flowing. Australia is a top LNG exporter to these countries, and imports the majority of its refined fuel from Asia.