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Can just one factory fire shake the entire Australian fuel market and shock gasoline prices across the region?
One of the last two oil refineries still operating in Australia burned fiercely in the city of Geelong in the state of Victoria, creating a scene described by officials as "unprecedented".
According to information from Australian media and VietnamPlus, the fire broke out in the motor gasoline production area of the Viva Energy factory after a suspected hydrocarbon leak, an extremely flammable compound that often appears in the oil refining and aviation fuel production process.
Black smoke covered many suburban areas of Geelong, causing authorities to issue an emergency warning, asking people to close their doors and limit going out due to the risk of inhaling toxic gas.
The most worrying thing is not the fire, but the strategic role this plant plays in the entire Australian energy system.
Viva Energy's role in the Australian fuel supply chain
Data Category
Oil refining capacity ~120,000 barrels/day
Main products Gasoline, diesel, LPG, jet fuel
Location Geelong, Victoria
Status One of two oil refineries still operating in Australia
Risk Affecting national fuel supply
In the context of Australia, many factories have closedRefining oil for more than a decade, this fire makes analysts worry that the country will depend more heavily on fuel imports from Singapore, South Korea and the Middle East.
Compare Australia's remaining refining capacity
Factory Area Status
Viva Energy Geelong Victoria Burning Big
Ampol Lytton Brisbane Works
Kwinana Refinery Western Australia Closed
Altona Refinery Melbourne Closed
It is worth noting that firefighters confirmed that it was almost impossible to reach the center of the fire due to extremely high temperatures. Firefighting teams were forced to wait for the fuel to burn out instead of putting it out directly
No casualties were reported, but Australian Energy Minister Chris Bowen admitted the risk of disruption to the national fuel supply was completely real.
The impact could spread to the Asia-Pacific region
If Viva Energy has to stop operating for a long time, Australia may have to increase imports:
Potential import sources Fuel type
Singapore Gasoline and diesel
Korea Aviation fuel
Middle East Crude Oil and LPG
Energy experts say this is a warning bell about the fragility of Australia's petrochemical refining system after many years of cutting domestic capacity to switch to imports.
Meanwhile, a fire at a tire factory in Thailand at the same time has raised concerns that the Asian industrial supply chain is facing great pressure from chemical incidents and continuous fires and explosions.
The biggest risks after a fire
Risk Impact level
Fuel shortageinland Cao
Gasoline prices increased
Aviation fuel disruption Moderate
Air pollution in the Geelong area is High
Fuel import pressure Very high
Many experts also believe that Australia is entering an extremely sensitive period in terms of energy security when the number of domestic oil refineries has decreased sharply but the demand for gasoline and jet fuel continues to increase sharply after the pandemic.
The Viva Energy fire also reminds many people of major industrial incidents that occurred in Korea, Japan and Hungary in 2026, showing that the global petrochemical industry is under extreme pressure on operational safety, especially at facilities that have been operating for decades.
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