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Geelong Refinery Fire: Australia's Fuel Security at Risk
Description
Last Wednesday, a massive fire engulfed Viva Energys Geelong refinery, one of Australias last two oil refineries. The blaze, which burned for over twelve hours, exposed the countrys vulnerable fuel security, as the plant produces twenty percent of its needs. Despite the damage, production is expected to return to over ninety percent within weeks, with no long-term impact. Viva Energys CEO is advocating for more refineries to prevent future disruptions, as imports currently cover eighty percent of demand.
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