Scott Wyatt

We are continuing to find ways to fill gaps and ensure that we have got continued supply.

Demand in the region is coming down.

So the system is balancing somewhat.

It doesn't mean it doesn't become more challenging the longer this goes on, but we are having good success in keeping the country in supply.

And I think I just would also say, and obviously the government's going further now and also

acquiring cargoes through companies like ours to build greater contingency if we need it in the later months of this conflict, if it continues.

Well, I think we don't know until we get there.

In many ways, it doesn't sound like a sophisticated answer, but it is the truth.

You don't know how much demand will continue to be reduced.

And this is not just a story about what Australia does.

It's a story about what the whole region does.

And there are certainly countries that are, you know, are less able to afford the fuel that we need than we are.

There are, you know, continue to drag and bring in fuel from further afield.

You know, US is a net exporter and that's servicing us well in the meantime.

And we don't know ultimately how long this is going to take to get to a resolution.

So they're all variables we can't control.

But we've got enough length in the supply chain six weeks out into June to continue to monitor it and

you know, there's time within that purchasing program to take different actions if we start to see that cargos can't be acquired, that we actually are running to a more structural challenge and time for government to take action if they need to.

You've got to remember that whilst, you know, 15, but let's call it 15, maybe it won't be as much as 20% of the oil has been impacted.

There's still 80, 85% of the oil is flowing and so refineries are still operating and there is still fuel available.