Australian oil refiner Viva Energy this week reported the failure of contractor crane at its flagship Geelong refinery in Victoria, which led to a compressor being dropped to the ground.
Related article: Viva Energy’s Geelong gas terminal project facing delays
The compressor was being installed as part of planned maintenance work at the Geelong refinery, which was expected to be completed by the end of June.
Viva Energy said no one was injured due to the site being subjected to an exclusion zone at that time.
The extent of the damage to the compressor is yet to be determined but Viva said it anticipated repairs would take about three months to complete.
Related article: Viva Energy to get Australia’s biggest electrolyser
As a result, Viva expects a refining earnings before interest, tax, depreciation and amortisation loss between $25 million and $35 million per month during the period of repair due to production and margin impacts but it does not expect supply to the market being disrupted.
