{"id":373620,"date":"2020-09-15T09:25:24","date_gmt":"2020-09-15T03:55:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373620"},"modified":"2020-09-15T11:22:25","modified_gmt":"2020-09-15T05:52:25","slug":"australia-proposes-to-pay-refiners-to-stay-open","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/australia-proposes-to-pay-refiners-to-stay-open\/","title":{"rendered":"Australia proposes to pay refiners to stay open"},"content":{"rendered":"<p>Australia on Monday proposed to offer payments to keep the country&#8217;s four remaining refineries open and said it would invest in building fuel storage as part of a long term fuel security plan unveiled on Monday.<\/p>\n<p>The country&#8217;s refiners have been battered by the coronavirus-driven collapse in fuel demand, racking up losses which they say threaten the future of their plants as they compete against much bigger refineries around Asia. <\/p>\n<p>&#8220;The government is committed to a sovereign on-shore refinery capacity despite the threat to the viability of the industry,&#8221; Prime Minister Scott Morrison said on Monday.<\/p>\n<p>Looking to shore up fuel security, the government said it would include A$211 million in its upcoming budget to boost fuel storage, with a focus on diesel, which is crucial for farms, mines, trucks and back-up power.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia on Monday proposed to offer payments to keep the country&#8217;s four remaining refineries open and said it would invest in building fuel storage as part of a long term fuel security plan unveiled on Monday. The country&#8217;s refiners have been battered by the coronavirus-driven collapse in fuel demand, racking up losses which they say threaten the future of their plants as they compete against much bigger refineries around Asia. &#8220;The government is committed to a sovereign on-shore refinery capacity despite the threat to the viability of the industry,&#8221; Prime Minister Scott Morrison said on Monday. Looking to shore up [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-373620","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=373620"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373620\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}