Business
Running on empty: Altona oil plant closure sparks fuel security warnings – Sydney Morning Herald
Australia could be down to just one refinery producing petrol, diesel, jet fuel and other petroleum products for the local market by the middle of the year.
There are now just four oil refineries operating in Australia, down from 10 in 2010, and two Altona and BPs Kwinana in Western Australia have confirmed their closures.
The future of Ampols operation outside Brisbane is officially under review by its owners, with closure a real possibility an outcome that would leave Viva, which employs 300 people at its site on the shores of Corio Bay, as the nations last surviving refinery.
The Australian refineries are ageing and small in comparison with their…
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