Some petrol stations may see short-term fuel outages as refinery output slows, but national supplies should not be affected
Full report: Geelong oil refinery fire
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Victorian motorists are being warned to brace for a spike in petrol prices of up to 20c a litre due to a huge blaze at Viva Energy’s oil refinery in Geelong, but oil and supply chain experts say the effects should be short-lived.
Viva’s Corio facility is one of two domestic refineries that reduce Australia’s heavy reliance on direct imports of ready-to-use oil products from Asia.
Continue reading...This article was originally published by The Guardian and written by Luca Ittimani and Jonathan Barrett.
Read original article on The Guardian