So far only six tankers have been removed from the list of those expected to dock at Australian ports. But as their own supplies of Middle East crude oil are squeezed due to the Iran conflict, China is reportedly considering restricting the volume of jet fuels it exports.

MST Marquee's Saul Kavonic said if that happens Canberra needs to ensure Beijing knows "security of energy supply chains is a two-way street."

"If China is really going to be shutting us off, we should consider as a country tearing up that contract," he said.
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PM urged to consider "tearing up" Chinese LNG export contracts

Leading analyst says Australia needs to secure supplies at all costs

Russell Yeo
PM urged to consider "tearing up" Chinese LNG export contracts

Credits: ENB

The federal government should be prepared to play hardball with its neighbouring trading partners as nations in the APAC region jostle and reposition their liquid fuel supplies. So far only six tankers...

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