A Coalition government would boost Australia’s minimum fuel reserve  to 60 days, and deliver at least  one billion litres of new storage with a $800 million Fuel Security Facility.

The opposition, making the announcement on Monday, said the new storage capacity would have “a focus on diesel”.

Diesel, especially vital in regional areas and for the trucking industry and farmers, has been under particular pressure during the present fuel crisis.

The opposition meanwhile called on the government to  increase baseline  stockholding fuel levels  from January 1 next year.

Australia’s fuel reserves are currently about 44 days of petrol, 33 days of diesel and 30 days of jet fuel. The  international obligation is for a 90 day reserve – a level not held in recent........

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