Australian Prime Minister Albanese will visit Singapore from April 9 to 11 and meet with Singaporean Prime Minister Heng Swee Keat.
According to the official website of the Australian Prime Minister's Office on July 7, the leaders of both sides will discuss ensuring the trade of key commodities, including petroleum products and liquefied natural gas. The visit aims to promote regional cooperation with the Australian government, strengthen fuel supply channels, and ensure the stability of domestic fuel supply.
It is reported that Australia and Singapore have close energy trade relations. Australia is the second largest supplier of liquefied natural gas to Singapore, while Singapore is the largest supplier of refined oil to Australia.
Albanese stated that Australia is facing a more uncertain world, with energy shocks and supply disruptions affecting domestic prices and the livelihoods of the people. We are taking all feasible actions, including working closely with international partners, to minimize the impact of global uncertainties. "