Latest / The Front / Refinery blaze threatens fragile fuel supply
Transcript
- 0:01Speaker 1: Today's biggest news from The Australian. I'm Christinamia with the
- 0:05Speaker 1: Front's afternoon headlines. Australia's fuel supply could be disrupted for
- 0:10Speaker 1: months after a blaze erupted at one of the nation's
- 0:13Speaker 1: two domestic oil refineries. The Koya Refinery, which is owned
- 0:18Speaker 1: by Viva Energy, caught fire around eleven pm on Wednesday,
- 0:22Speaker 1: sending thick smoke into the sky over Geelong, where the
- 0:25Speaker 1: facility is located, and triggering a major emergency response. Dozens
- 0:31Speaker 1: of firefighters were deployed to battle the blaze into Thursday morning,
- 0:35Speaker 1: while residents were warned to stay indoors to avoid exposure
- 0:38Speaker 1: to toxic gases. Authorities believe the inferno was caused by
- 0:42Speaker 1: a leak of flammable gases and hydrocarbons in the refinery's
- 0:46Speaker 1: MOW gas plant that's an essential ingredient in high octane
- 0:50Speaker 1: petrol production. Fire and Rescue Victoria said on Thursday a
- 0:54Speaker 1: mechanical failure inside the unit allowed the gas to escape.
- 0:59Speaker 1: The Ryote refinery produces petrol, diesel LPG, jet fuel and
- 1:04Speaker 1: certain types of plastics, among other things, and processes as
- 1:07Speaker 1: many as one hundred and twenty thousand barrels of oil
- 1:10Speaker 1: every day. That's about ten percent of Australia's fuel requirements.
- 1:15Speaker 1: State Energy Minister Lillly Danbrosio said on Thursday there would
- 1:19Speaker 1: be no immediate impact to fuel supply in Victoria, where
- 1:22Speaker 1: the Coryo refinery supplies about half of the state's energy requirements.
- 1:27Speaker 1: About eleven hundred people are employed at the refinery. Those
- 1:31Speaker 1: working on the site when the blaze erupted sprinted to
- 1:34Speaker 1: safety and no injuries have been reported. Viva Energy Chief
- 1:38Speaker 1: Executive Scott Wyatt said the company is working on securing
- 1:42Speaker 1: the site before business can go ahead as usual. Parts
- 1:45Speaker 1: of the refinery will continue to operate at a reduced capacity,
- 1:49Speaker 1: with petrol and aviation gasoline production likely to take a hit.
- 1:54Speaker 1: Aviation gasoline is different to jet fuel and is generally
- 1:58Speaker 1: used in smaller aircraft. Climate Change and Energy Minister Chris
- 2:02Speaker 1: Bowen warned Australians against panic buying fuel in the wake
- 2:06Speaker 1: of the blaze, and said his confident Viava will make
- 2:09Speaker 1: up any shortfall.
- 2:11Speaker 2: This is not a positive development, this is not good
- 2:13Speaker 2: timing and this is a setback. But I can assure
- 2:18Speaker 2: Australians the government and industry are working very closely together
- 2:23Speaker 2: to manage the impacts of this fire and to ensure
- 2:26Speaker 2: ongoing fuel security for Australians.
- 2:28Speaker 1: It comes as Australia grapples with a growing fuel crisis
- 2:32Speaker 1: sparked by the conflict in the Middle East, and experts
- 2:35Speaker 1: say the government is now facing an uphill battle to
- 2:38Speaker 1: shore up supply. Prime Minister Anthony Albanesi announced on Thursday
- 2:42Speaker 1: his government secured an extra one hundred million liters of
- 2:45Speaker 1: diesel from South Korea and Brunei.
- 2:49Speaker 3: Additional fuel can be directed to where it is needed most,
- 2:53Speaker 3: including to our farmers, so this is welcome news. It's
- 2:58Speaker 3: a practical outcome of the engagement and the interventions that
- 3:04Speaker 3: my government has had to deal with the consequences of
- 3:07Speaker 3: a crisis right across the other side of the world,
- 3:11Speaker 3: but one that is impacting here in our region and
- 3:14Speaker 3: in Australia in particular.
- 3:16Speaker 1: The PM said the diesel will arrive in two shipments.
- 3:20Speaker 1: He also met with Malaysian Prime Minister and Wha Ibrahim
- 3:23Speaker 1: in Kuala Lumpur on Thursday, where they signed a joint
- 3:26Speaker 1: statement on energy security. Opposition leader Angus Taylor said on Thursday,
- 3:31Speaker 1: the incident at the Carreah refinery highlights the need for
- 3:35Speaker 1: Australia to produce more oil.
- 3:37Speaker 2: We need to get all out from under the ground.
- 3:40Speaker 2: We are a country blessed with great natural resources. Let's
- 3:43Speaker 2: use them.
- 3:45Speaker 1: First the Strait of Hormores and now the Red Sea.
- 3:49Speaker 1: Iran's top military commander threatened to stop trading through the
- 3:52Speaker 1: Red Sea and the Gulf of Oman if the United
- 3:55Speaker 1: States doesn't end its blockade of the vital shipping route.
- 4:00Speaker 1: Blockade of the Strait of Hormals ordered by President Donald
- 4:02Speaker 1: Trump came into effect on Monday that as Pakistani negotiators
- 4:07Speaker 1: arrived in Tehran to continue peace talks between the US
- 4:10Speaker 1: and Iran. Protest laws introduced in New South Wales by
- 4:15Speaker 1: the Men's Labor government following the Bondai Beach massacre have
- 4:18Speaker 1: been struck down by the Court of Appeal. The legislation
- 4:22Speaker 1: gave police the authority to ban moving protests for up
- 4:25Speaker 1: to ninety days following a terrorist event, but protest groups
- 4:29Speaker 1: submitted to the state's top court that the laws were unconstitutional.
- 4:34Speaker 1: That argument was accepted by the Court of Appeal, which
- 4:36Speaker 1: handed down its decision on Thursday. Check out those stories
- 4:43Speaker 1: live right now at The Australian dot com, dot a
- 4:45Speaker 1: U and come back to the front first thing in
- 4:47Speaker 1: the morning for a deep dive into the complex supply
- 4:50Speaker 1: chain that's crunching Australia's economy. That's right here, Friday morning,