MELBOURNE, April 13 (Reuters) - Viva Energy (VEA) said on Wednesday its board has given the go-ahead for a A$300 million ($224 million) upgrade of its refinery, with more than a third of the cost to be provided by the Australian government.
The upgrade is needed so the company, one of Australia's two remaining refiners, can produce ultra-low sulphur gasoline at its refinery near Melbourne, Australia's second-largest city.
($1 = 1.3419 Australian dollars)
News: VEA Viva to upgrade refinery with Australian government aid
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