Viva, Caltex warn of risks to refineries without government support
Angela Macdonald-Smith – Australian Financial Review
May 11, 2020
Who was cited:
Sri Paravaikkarasu, Director of Asia Oil and Head of East of Suez Oil Service FGE
The heads of two of the country's remaining four refineries have signalled that their plants could shut down without government support as soft refining margins and a slump in fuel demand due to COVID-19 push plants into the red and costly upgrades loom.