To meet mandate, Z will re-import NZ stockfeed as biofuel

The country's largest fuel retailer will have to import biofuels to meet their mandated use. (Image: Getty)

Tue, 26 Jul 2022

Z Energy’s decision to permanently close its biofuel plant means there will be an unusual supply chain to meet the government’s coming mandate on the ‘green’ fuel use – with the feedstock exported from New Zealand, refined overseas and then re-imported. Singapore is one of the larger producers of biofuel, partly due to subsidies and a beneficial policy-setting regime. Singapore imports tallow and other biofuel feedstock, including from NZ, and turns it into biofuel and exports it. NZ will be an incre...

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Politics

Govt reshuffle: Lee demoted, Simmonds loses portfolio

Melissa Lee has been stripped of her media and communications portfolio and dropped from the cabinet, prime minister Christopher Luxon announced today.He has given Paul Goldsmith the portfolio after Lee was widely criticised over her public handling of the numerous issues facing...

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