8 Dec 2022

Z Energy CEO says more onshore storage would increase cost

From Morning Report, 7:19 am on 8 December 2022

Z Energy, owner of the dodgy shipment of aviation fuel, says their next shipment will arrive by 12 December at the latest. 

Airlines are being forced to ration their fuel allowance at Auckland Airport, after a contaminated shipment was rejected on arrival.

Questions are being raised as to whether the country's fuel supply has been left vulnerable following the closure of the Marsden Point refinery in April. 

The National Party's spokesperson on energy and resources, Stuart Smith, says the missing refinery tightened the timeline to manage the problem.

Z Energy's chief executive Mike Bennetts told Morning Report that although this is a relatively frequent issue, more local storage would increase pain at the pump.