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Major fire at Australian oil refinery to impact nation's petrol supplies

Major fire at Australian oil refinery to impact nation's petrol supplies

Summary

A major fire broke out at the Viva oil refinery in Geelong, Australia, which produces a large share of the nation's petrol. The fire has caused production cuts, raising concerns over fuel supply and prices in Australia during a global oil shortage.

Key Facts

  • The fire started just before midnight at the Viva refinery in Geelong, southwest of Melbourne.
  • The Viva refinery produces about 120,000 barrels of oil daily and supplies 50% of Victoria's fuel and 10% of Australia's fuel.
  • No one was injured, but the fire is still burning and affecting air quality in the area.
  • The refinery remains partly operational, with reduced jet fuel and diesel production for safety reasons.
  • The Australian government warns petrol production will be impacted, adding to supply pressures caused by global oil issues.
  • Diesel prices in Australia have recently doubled, with shortages and panic buying reported at fuel stations.
  • An investigation suggests the fire was likely an accident.
  • About 50 to 100 workers were safely evacuated when the fire started.
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