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MARKETS

Vic downstream booming

VICTORIA’S downstream industry is surging despite its onshore drilling ban, with Viva Energy Australia opening its new $50 million, 100 million litre crude oil tank at its Geelong refinery yesterday – Australia’s largest storage tank.

Anthony Barich
Viva's new Geelong crude tank.

Viva's new Geelong crude tank.

Viva also announced yesterday that it had received board approval to build a $15 million bitumen export facility, a $23 million, 25 million litre gasoline tank to increase its fuel storage at the refinery...

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