Petrol's dying, long live aviation fuel for Channel Infrastructure

Petrol's dying, long live aviation fuel for Channel Infrastructure
A new future emerging for Marsden Point. (Image: Channel Infrastructure)
Pattrick Smellie
Demand for petrol will all but disappear in the next 30 years in New Zealand, diesel consumption will take longer to fall, but aviation fuel demand will only continue to grow, according to an analysis released by Channel Infrastructure.“We see this as key to Channel’s future success,” the transport fuel importer’s chief executive, Rob Buchanan, said, unveiling a refreshed strategy after successfully closing the country’s only oil refinery at Marsden Point in April last year. It identified its pipeline bet...

More Markets

The pros and cons of Sky’s big deal
Markets

Eden Bradfield: The pros and cons of Sky’s big deal

You'd best hope streaming and advertising revenue make up for the $1 purchase.

Eden Bradfield 26 Jul 2025
Infratil and Ebos help drive NZ stocks higher
Markets Market Close

Infratil and Ebos help drive NZ stocks higher

Infrastructure investor helped the sharemarket end the week on a positive note.

Tom Raynel 25 Jul 2025
Bathurst fails to strike-out Talley's claims
Markets

Bathurst fails to strike-out Talley's claims

Talley's is alleging Companies Act breaches by its coal JV partner.

Pattrick Smellie 25 Jul 2025
New CFO for KMD Brands
Markets

New CFO for KMD Brands

Carla Webb-Sear has been appointed group chief financial officer for KMD Brands.She will join the group executive team on Aug 4 and report to Brent Scrimshaw, group chief executive and managing director.She joins KMD Brands from Qantas, where she was chief financial and strategy...

Staff reporters 25 Jul 2025