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Viva Energy Group Limited (ASX:VEA)

ALERT: Price-sensitive ASX Announcement for VEA
Current share price for VEA : $2.710 0.21 (8.40%)+
Announcement
Release
4 May 2026 8:58AM
Price at Release
$2.500
Full Release
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Summary
Viva Energy Group Limited has provided an update on its Geelong Refinery following a fire incident on April 15, 2026. The company is focused on safely securing and inspecting the affected alkylation unit while preparing to restart the Residue Catalytic Cracking Unit (RCCU) by June 2026. During this period, the refinery is operating at reduced capacity, producing diesel and jet fuel at 80% and petrol at 60% capacity, though Viva Energy assures sufficient fuel supplies. Investigations into the incident are ongoing, and the company is in discussions with insurers regarding damage and business interruption.
Key Points
  • Fire at Geelong Refinery occurred on April 15, 2026.
  • Focus on securing and inspecting the affected alkylation unit.
  • Preparations underway to restart the RCCU by June 2026.
  • Current production: diesel and jet fuel at 80%, petrol at 60%.
  • Sufficient fuel stocks to maintain normal customer supply.
  • Ongoing investigation into the incident cause and damage assessment.
  • Engagement with insurers 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.