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Big news has emerged in Australia. Recently, a major fire broke out at an oil refinery in Geelong, in the southern part of the country.
According to local police reports, the fire was reported around 11 p.m. The emergency services are responding to the incident. It appears to be a significant facility; this refinery operated by Viva Energy Group supplies more than 50% of Victoria's fuel.
What makes this concerning is the substantial proportion it accounts for in Australia's overall energy supply. Since about 10% of the country's fuel comes from this site, the facility, with a processing capacity of 120k barrels per day, is truly a critical infrastructure.
Currently, there are only two refineries operating within Australia, so if this incident causes long-term impacts, it could lead to issues with fuel supply. We'll need to keep an eye on how the situation develops.