Refinery poised on the brink as Shell heads upstream

Mega-refineries offshore and a shift in Shell's longer term strategy sealed the Geelong plant's fate. But its unloved status ironically means the refinery may yet survive as it is.

Given the developing history of refinery closures in this market it was inevitable that Shell would finally get around to shedding its Geelong refinery in Victoria.

When Shell put its Clyde refinery in New South Wales under the microscope in 2011 – which led to the decision to decommission it and convert it into an import terminal last year – the fate of the Geelong complex was questioned.

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