NZ Refining says pipeline leak to hit revenue by up to $15 million

Sun, 17 Sep 2017

By Paul McBeth Sept. 18 (BusinessDesk) - New Zealand Refining, which operates the country's only oil refinery in Marsden Point, says a pipeline leak which has disrupted jet fuel supplies at Auckland International Airport will hit revenue by as much as $15 million. The Whangarei-based company needs to replace a section of the pipeline between the refinery and the Wiri storage depot and will run the line at a reduced capacity, it said in a statement. That's expected to reduce pipeline income and constrain refining income, which NZ Refining...

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