Don't bail out Viva Energy

www.greenleft.org.au
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Sue Bull reports on oil refinery Viva Energy's new plans for gas and a public bail-out.
As environmentalists prepare for a national day of action against the federal government's gas-led recovery plans, oil refinery Viva Energy, has asked the state Labor government to bail it out while it plans to set up a shipping terminal to import gas.

Viva Energy was formerly the Shell Refinery for most of its 65 years and employs some 700 workers. During the COVID-19 pandemic it lost $80 million as the shut-downs wiped out demand for petrol and jet fuel.

See also Morrison's COVID-19 gas 'recovery' formalises corporate-government rule Will Australia have a gas and coal export-led COVID-19 recovery?

According to the November 4 Sydney Morning Herald, the Victorian Labor government may be considering whether to enter a co-investment deal to "transform the oil refinery's site into an 'energy hub', which would include the development of a shipping terminal to import liquefied natural gas (LNG) and a solar farm alongside the refinery".

The proposal raises a number of questions for the Geelong community, who have not been consulted about the proposal and know little about it.

These include what corporations receiving public subsidies have to commit to, whether it would be better that they are nationalised and Viva's stated expansion into gas.

In recent years a number of multinational…
Sue Bull
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