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Geelong refinery fire threatens national fuel security
Published 6 days, 23 hours ago
Description
A fire at the Viva refinery in Geelong has threatened 10% of Australia's oil supply, prompting Prime Minister Anthony Albanese to secure emergency diesel shipments from Brunei and South Korea during his Southeast Asian tour. Energy experts warn of significant price impacts at the bowser and predict the government will implement stage three of the National Fuel Security Plan, which involves intervention on fuel distribution. The crisis comes amid existing Middle East tensions, with experts warning supply implications will persist for months regardless of overseas developments.
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