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Australian Prime Minister Albanese: Strengthen energy security cooperation with Singapore and support the flow of diesel and liquefied natural gas between the two countries.
Australian Prime Minister Albanese: Australia and Singapore are deeply concerned about the situation in the Middle East and its impact on the region, including the impact on energy supply chains and prices.
Australian Prime Minister Albanese: Options for future legally binding commitments will be explored, including bilateral arrangements such as consultation and advance notice in the event of possible disruptions.
Australian Prime Minister Albanese: Australia and Singapore will speed up negotiations on trade arrangements for key supplies.
Sources: Japan’s Ministry of Finance is weighing a plan to reduce the scale of buybacks and plans to buy back 15 billion yen ($94.11 million) in April and June respectively. The government bought back 20 billion yen of inflation-linked government bonds in January, February and March.
Sources: Japan is considering reducing the size of its inflation-linked bond repurchases.
New Zealand Government: Will temporarily allow fuel that meets Australian standards to be supplied in the domestic market. If required, conformity arrangements with Australian technical specifications can be maintained for up to 12 months.
Birol, Director of the International Energy Agency: Australia should not make any sudden changes in taxes on energy companies.
Japanese Chief Cabinet Secretary Minoru Kihara: The government may consider preparing an emergency budget to deal with unforeseen circumstances.
Birol, Director of the International Energy Agency: The impact of the crisis is still not fully understood in Europe.
Birol, Director of the International Energy Agency: Whether Australia takes energy-saving measures depends on its own decision.
Birol, Director of the International Energy Agency: Australia is expected to help Pacific island countries provide fuel supplies when conditions permit.
Birol, Director of the International Energy Agency: Will discuss energy conservation measures with Australian Prime Minister Albanese today.
Birol, Director of the International Energy Agency: He will not give any advice to US President Trump.
Birol, Director of the International Energy Agency: We are not very worried about Australia’s fuel stocks yet.
Birol, Director of the International Energy Agency: I hope Australia will take proactive measures to meet fuel reserve requirements after the current shock.
Birol, Director of the International Energy Agency: The Australian government is doing its best to increase fuel inventory levels.
The 20-year Japanese government bond yield rose 7.0 basis points to 3.190%.
The Indian government has issued instructions that imported coal power plants owned by Tata Power Company in Gujarat must operate at full capacity from April to June.
Japan's 30-year government bond yield hit its highest level since February 9.