Image: Viva Energy’s Geelong refinery. (Source: Supplied)
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Viva Energy will work with the Federal Government to secure additional fuel supplies aimed at bolstering domestic fuel security during the Middle East crisis.
Viva Energy says its domestic refining capability, national network of import terminal infrastructure, and global importing capability through its trading partnership with Vitol, one of the world’s largest energy traders, puts it in a unique position to help the Australian Government respond to this crisis.
Scott Wyatt, CEO of Viva Energy, said they understand just how critical fuel is to keep motorists, farmers and businesses moving.
“Our dedicated teams have been working tirelessly to keep our customers supplied from our Geelong refinery production as well as sourcing extra cargoes, managing challenging logistics and responding to rapid market developments.
“We are proud to be able to support the Australian Government in going above and beyond to secure additional fuel supply and see the country successfully navigate these challenging and uncertain times.”
The arrangement follows commercial terms agreed between Export Finance Australia and Viva Energy Australia, allowing the company to move quickly to source and deliver fuel to where it is most needed. The government program includes price support and access to working capital if required.
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