Financial Wire

Viva Energy's Geelong Refinery Catches Fire

-- A fire broke out on Wednesday at Australia-based Viva Energy's Geelong refinery in Victoria, causing explosions and flames, according to the local fire and rescue service.

Fire Rescue Victoria said in a statement that it responded to an incident at the MOGAS unit at the Viva Oil Refinery in Corio at 11.15 pm local time on Wednesday, following multiple calls reporting explosions and flames.

"The Fire is not yet under control although is currently contained to the plant / area of origin and involves liquid fuels and gases," Fire Rescue Victoria said in a statement.

The Geelong refinery processes 120,000 barrels per day and is one of only two refineries still operational in the country, according to the firm's website.

The plant accounts for about 10% of Australia's total fuel needs and supplies over 50% of Victoria's fuel, according to Viva's website.

Viva Energy did not immediately respond to' request for comment.

Viva operates 1,300 Shell (SHEL) gas stations across the country and runs a fuel and oil distribution network that supplies Australia, the Financial Review reported. It is the only Australian manufacturer of aviation fuel.

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