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Viva Energy Group Limited (ASX:VEA)

ALERT: Price-sensitive ASX Announcement for VEA
Current share price for VEA : $2.690 0.16 (6.32%)+
Announcement
Release
20 Apr 2026 8:57AM
Price at Release
$2.530
Full Release
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Summary
On 15 April 2026, Viva Energy Group Limited's Geelong Refinery experienced a fire in the Gasoline complex, specifically affecting the Alkylation Unit. Emergency procedures were promptly executed, and the fire was controlled by the following morning, with no injuries reported. The incident did not impact the Crude Distillation, Reformer, or RCCU units; however, the RCCU is temporarily offline. The refinery expects to operate at 80% capacity for diesel and jet fuel and 60% for petrol while maintaining sufficient fuel stock levels. A comprehensive investigation into the cause is underway, and the company intends to restore production levels above 90% in the coming weeks. Viva Energy has insurance coverage for the incident and has notified its insurers.
Key Points
  • A fire occurred at the Geelong Refinery's Gasoline complex on 15 April 2026.
  • Emergency services extinguished the fire by Thursday morning.
  • All personnel were safe and accounted for.
  • The Alkylation Unit was the affected area, but major units like Crude Distillation and Reformer were unaffected.
  • Production of diesel and jet fuel is expected to be at 80% capacity, and petrol at 60%, post-incident.
  • Sufficient fuel stocks ensure normal supply despite reduced production.
  • Plans are underway to restart the RCCU and increase production to over 90%.
  • An investigation into the incident's cause is initiated.
  • Viva Energy has insurance for property damage and business interruption.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.