Viva Energy says Australians will not experience fuel supply shock despite reduced refinery capacity
Viva Energy's Geelong refinery experienced a fire, reducing its production capacity to 80%. The company assures that the incident will not impact fuel supply to local customers.
A fire at Viva Energy's Geelong refinery in Australia has reduced its production capacity to 80%. The incident occurred on Wednesday night due to a gas leak from faulty equipment. Viva Energy's CEO, Scott Wyatt, assured that the reduction in production will not impact fuel supply to local customers. The company will absorb the costs of the incident and not pass them on to consumers. The refinery, one of two in Australia, is expected to return to full capacity in weeks. The Australian government has assured that any supply issues will be remedied with imports. The NRMA projects that prices for unleaded fuel could drop below two dollars-a-litre.
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