Tight fuel supplies expected due to NZ refinery industrial action

Wed, 24 Sep 2014

By Fiona Rotherham Sept. 24 (BusinessDesk) - Contingency plans are being put in place to prevent any potential shortfall in fuel supplies from pending industrial action next month at New Zealand Refining, the nation's only oil refinery. Two unions representing 160 of its workers, or about half its workforce, have served notice of a two-day strike on Oct. 7 and 8, a move that could result in about $9 million of lost processing fees. The strike would require the company to shut down processing units at the Marsden Point Refinery, and given...

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