Completed OTR Acquisition to Boost Volumes and Margins

Viva Energy Group, along with Ampol, BP, and Mobil, is in a rare breed of vertically integrated Australian refined fuel supplier. The Australian downstream petroleum industry runs from sourcing, transporting and storing crude oil, refining that crude into marketable products or directly sourcing imported refined product, and then transporting refined products for sale to retail and commercial customers. Refined products are mostly used in the transport sector, including commercial and private motoring, aviation, marine, and other transport demand. The Australian market equates to about 60 billion liters of product, with road use the largest segment at over 50%, followed by aviation at 14% and industry at 12%.