Fuel sector JVs offer little upside for new players, ComCom told

Thu, 26 Sep 2019

By Gavin Evans Sept. 26 (BusinessDesk) - Owners of new fuel storage may have little to gain from joining the shipping and product-sharing arrangements of the major players, the Commerce Commission has been told. The system the three major firms – Z Energy, Mobil and BP - use for borrowing and lending fuel around the country and coordinating fuel deliveries from the Marsden Point refinery with their own product imports is complex and takes a lot of work, BP told the commission yesterday. While it does provide efficiencies, the arrangeme...

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