-- Viva Energy Group's (ASX:VEA) Geelong refinery, which caught on fire late Wednesday, is still producing 60% of its petrol capacity and 80% of diesel and aviation fuel, Australian Prime Minister Anthony Albanese said Friday, according to same-day media reports.
The government and Viva Energy hope that production will ramp up "over the coming period," Albanese told reporters at a press conference, Reuters reported.
The cause of the fire is suspected to be a mechanical fault, News.com.au reported.
Viva Energy said late Thursday that Fire Rescue Victoria has the situation under control, and the company will determine the extent of the damage at the site once it is safe to do so.
"We anticipate that the impacts will be predominantly to the production of gasoline and aviation gasoline," Viva Energy said. "There is no immediate impact to fuel supply, and the company expects to replace any lost production through its fuel import program."