Crude purchasing update

08 Mar 2022

Viva Energy is appalled by events unfolding in the Ukraine and extends its sympathies to the innocent people affected by this terrible conflict. As a consequence and in response, Viva Energy has made the decision to cease purchases of crude oil of Russian origin while the conflict continues.

Viva Energy sources crude from many different countries, and expects to be able to maintain supplies of crude oil and fuel to support Australia’s energy security during these difficult and uncertain times. We are keeping the Australian Government informed of the evolving situation.

Two Russian-origin crude cargoes were purchased prior to the conflict and are due to arrive in Australia over the next two months. Viva Energy has explored options to dispose of these cargoes, but there are no credible puchasers in the current market and without these supplies the Company faces gaps in its refining program and potential fuel shortages. These cargoes have been purchased from international oil companies, rather than from Russian entities.

While Viva Energy operates in Australia under the Shell brand, all our crude oil and fuel is purchased from Vitol, the world’s largest independent trader of energy based in Singapore. Shell has no involvement or connection with Viva Energy’s crude oil and fuel supply.

For more information:

Media Enquiries
Michael Cave
T: +61 409 647 910

About Viva Energy

Viva Energy is one of Australia’s leading energy companies and supplies approximately a quarter of the country’s liquid fuel requirements. It is the exclusive supplier of high quality Shell fuels and lubricants in Australia through an extensive network of around 1,330 service stations across the country. Viva Energy owns and operates the strategically located Geelong Refinery in Victoria, and operates bulk fuels, aviation, bitumen, marine, chemicals and lubricants businesses supported by more than 20 terminals and 50 airports and airfields across the country.