Viva Energy backs Australian fuel security amid Middle East tensions
Agreement with Export Finance Australia enables additional fuel supply to support Australia’s energy security during the regional crisis.
Viva Energy Australia has reached an agreement with the Australian Government, through Export Finance Australia (EFA), to help secure additional fuel supplies and strengthen the country’s fuel security amid ongoing tensions in the Middle East.
Under the arrangement, Viva Energy and EFA have agreed commercial terms that allow the company to move quickly to source and deliver extra fuel into the Australian market where it is most needed. The government-backed program includes price support and access to working capital, if required, to ensure continuity of supply during a period of heightened global uncertainty.
The agreement leverages Viva Energy’s domestic refining operations, its national network of fuel import terminals and its global trading capability through a longstanding partnership with Vitol, one of the world’s largest energy traders. Together, these assets position the company as a critical player in responding to supply disruptions and supporting national fuel resilience.
“We understand just how critical fuel is to keep motorists, farmers and businesses moving,” said Viva Energy CEO Scott Wyatt. “Our dedicated teams have been working tirelessly to keep our customers supplied from our Geelong refinery production as well as sourcing extra cargoes, managing challenging logistics and responding to rapid market developments.”
Viva Energy operates one of Australia’s largest fuel and convenience retail networks, supplying fuel to more than 1,500 service stations nationwide. The agreement underscores the role of domestic refining capacity, import infrastructure and public‑private collaboration in maintaining fuel security during periods of global market volatility.
