A new strategic fuel storage facility has been officially commissioned at the Viva Energy Hub in Geelong.
As part of the Federal Government’s Boosting Australia’s Diesel Storage Program, Deputy Prime Minister Richard Marles officially commissioned the site last week. The new facility is set to play an important role in safeguarding Australia’s energy security and protecting supply chains that are the backbone of the Australian economy.
“The Albanese Government is committed to ensuring Australia has access to the fuel we need, as we transition to net zero emissions. Domestic fuel security protects Australian consumers and safeguards our economy. It is wonderful to officially commission this new storage facility here in Geelong, which also supported up to 140 jobs during its construction,” said Marles.
The three new tanks have a combined capacity of 90 million litres, enough to supply all of Victoria’s needs for an additional week. Diesel fuel is indispensable for many industry sectors, including agriculture, mining, road transport, emergency management, and defence. Diesel is also a back-up fuel for electricity generation for critical services like hospitals, water and sanitation.
Scott Wyatt, CEO of Viva Energy, said this storage facility will help further strengthen supply chains and ensure customers have reliable access to fuels that they depend on.
“Over the longer term, we have aspirations to produce lower carbon and renewable fuels and play a leading role in driving down emissions in the fuels that we use. Production of these new fuels will also greatly benefit from these new facilities.”
Built with financial assistance from the Australian Government’s Boosting Australia’s Diesel Storage Program, each tank is constructed of 600 tonnes of plate steel with kilometres of piping to deliver diesel to the tanks.
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