(Adds Exxon Mobil, Viva Energy, Ampol comments)
SYDNEY/MELBOURNE, Dec 14 (Reuters) - Australia will bring forward by six months a payment to support the country’s three remaining oil refineries to help tide over the financial hit from the coronavirus pandemic, Energy Minister Angus Taylor said on Monday.
Australia’s refineries are reeling from a slump in demand triggered by international travel curbs and local lockdowns due to COVID-19 this year, racking up losses which they say threaten the future of their plants.
“The COVID-19 pandemic continues to place immense pressure on our refineries and the many Australians employed in the fuel sector,” Taylor said.
1c-a-litre subsidy to keep refineries open and save jobs
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Australia to bring forward subsidy payment to keep refineries open
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