Energy

As NZ oil refining ends, govt weighs strategic implications

Ian Llewellyn
Mon, 31 May 2021

Marsden Point's move to oil import only has implications for energy security
Ian Llewellyn
Mon, 31 May 2021
The government is considering what the end of oil refining at Marsden Point will mean for New Zealand’s energy security and its response to it.Refining NZ (RNZ) recently made another step to stop refining oil with one of its shareholders - Z Energy - agreeing to the proposal to just import processed products. The deal still requires final sign off by Z’s directors and other shareholders, including BP and Mobil. BP signed an in principle agreement in February.The Marsden Point Refinery supplies most of NZ’s petrol, aviation fue...

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