14 Oct 2026
1 week ago
192 views
The New Zealand Government has extended its agreement with Z Energy to maintain a 550,000-barrel strategic diesel reserve at Marsden Point until August 2027, ensuring national fuel resilience amid global uncertainty. This reserve, critical for key industries and stored in refurbished tanks funded by $21.6 million from the Regional Infrastructure Fund, provides about nine days of typical national diesel consumption. The Government continues to monitor global developments, especially the Middle East conflict, and will respond as needed while limiting its financial exposure through the agreement.
05 Oct 2026
2 weeks ago
223 views
The Environmental Protection Authority has accepted the Fast-track application for the Northland Shipyard and Dry Dock project, which will now be reviewed by an independent expert panel. The government has allocated $100 million from the Regional Infrastructure Fund to support this nationally significant facility, aiming to reduce reliance on overseas dry docks and boost New Zealand's economy. The project is expected to create hundreds of permanent jobs, enhance vessel maintenance efficiency, and deliver substantial economic benefits to Northland and the country.
22 Aug 2026
2 months ago
626 views
The Northland Shipyard and Dry Dock project at Marsden Point has lodged a fast-track consent application under the Fast-Track Approvals Act 2024, aiming to provide domestic maintenance for large vessels and reduce reliance on overseas dry docks. The facility is expected to boost the economy by $1.05 billion over 38 years, create significant jobs during construction and operation, and support New Zealand’s maritime sector and regional development. Located near Northport with deep-water access, the project aligns with national infrastructure goals and is part of the National-NZ First coalition agreement.
07 Jul 2026
3 months ago
735 views
Two refurbished tanks at Northland’s Marsden Point are now operational to store New Zealand’s strategic diesel supply, following a $21.6 million government investment to enhance fuel resilience amid global uncertainties. Z Energy was selected to supply and manage the 90 million litre diesel reserve, with the Crown controlling its release to ensure national security without affecting Z Energy’s stockholding obligations. The first diesel shipment has arrived, with the second expected soon, and fuel stock reporting will resume its regular weekly schedule as global conditions stabilize.
08 Jun 2026
4 months ago
812 views
The Government has completed the recommissioning of 93 million litres of diesel storage capacity at Marsden Point to store newly purchased diesel reserves. Two shipments, arriving soon and in July, will provide about nine days’ average diesel consumption to safeguard New Zealand’s fuel supply amid global uncertainties. Funded by $21.6 million from the Regional Infrastructure Fund, this measure aims to maintain economic stability despite ongoing Middle East conflicts affecting fuel supply and prices.
02 Jun 2026
4 months ago
1003 views
Minister for Rail Winston Peters has welcomed KiwiRail's identification of three potential construction partners—Acciona, Downer/HEB joint venture, and Martinus Rail—to conduct a design sprint for a cost-effective Marsden Point Rail Link. This 19-kilometre railway is deemed essential for Northport, a key port for New Zealand’s export future, and aims to provide a more accurate and lower-cost estimate than previous government allocations. The companies will refine designs focusing on reducing earthworks, optimizing construction, and exploring various technical options to enable confident government funding decisions.
01 Jun 2026
4 months ago
942 views
New Zealand is receiving two shipments of diesel reserve, with the first arriving mid-June and the second expected in early July, providing around nine days of typical diesel consumption. The government is refurbishing tanks at Marsden Point, funded by $21.6 million from the Regional Infrastructure Fund, to store the fuel, which will be controlled by the Crown and managed by Z Energy. Finance Minister Nicola Willis emphasizes that this reserve enhances the country's fuel security and resilience against potential supply disruptions.
11 May 2026
5 months ago
1008 views
The New Zealand Government has signed a groundbreaking contract with Z Energy to secure nearly 90 million litres of additional diesel, enhancing the country's fuel resilience by about nine days' supply. The diesel will be stored in refurbished tanks at Marsden Point, with infrastructure upgrades underway to increase fuel storage capacity and strengthen strategic resilience amid global uncertainties. This agreement, the first of its kind, limits the Crown's financial exposure while allowing Z Energy to manage the diesel, with the government maintaining control over its market release.
11 May 2026
5 months ago
1074 views
The New Zealand Government has refined its Fuel Response Plan in collaboration with business and industry to prepare for a potential prolonged global fuel shortage, focusing on maintaining sufficient supply and protecting the economy. Key measures include securing additional diesel reserves, simplifying priority user frameworks, and implementing phased responses that prioritize critical services while encouraging voluntary fuel-saving plans for other sectors. The plan is designed to be flexible and adaptable, relying on industry cooperation and ongoing international engagement to ensure fuel resilience amid global market volatility.
28 Apr 2026
5 months ago
1105 views
The New Zealand Government has secured an additional nine days' supply of 90 million litres of diesel through a letter of intent with Z Energy to enhance fuel reserves amid global market uncertainties. This fuel will be stored at Marsden Point in refurbished tanks funded by a $21.6 million investment, with the Crown controlling its release to strengthen economic and fuel supply resilience. The agreement, resulting from a competitive procurement process, provides strategic insurance to ensure reliable diesel supply crucial for the economy while not counting towards fuel companies' minimum stockholding obligations.
02 Apr 2026
6 months ago
1209 views
The New Zealand Government will invest up to $21.6 million from the Regional Infrastructure Fund to support Channel Infrastructure NZ Ltd in increasing diesel storage capacity by 90 million litres at Marsden Point, enhancing fuel resilience amid global supply disruptions. The project aims to recommission storage tanks within two months to secure diesel supplies beyond the current secure period until the end of May. This initiative addresses the critical need for large-scale fuel storage, particularly for diesel, which is vital to the economy, and work is set to begin imminently with close government oversight.
18 Sep 2025
1 year ago
1346 views
The Minister of Transport highlighted the Government's significant investment in Auckland's passenger rail system, including projects like the Third Main Line and extending the electrified network. These investments aim to improve both commuter services and freight operations, benefiting the economy and reducing road congestion. Future plans include expanding rail capacity in Auckland's Southern Corridor and developing the Avondale-Southdown corridor to enhance freight connections and regional economic growth.
05 Aug 2025
1 year ago
2562 views
Rail Minister Winston Peters and Regional Development Minister Shane Jones highlight significant developments in Northland's economic future, including Marsden Point's role as an energy and economic powerhouse. Projects such as a refurbished tank for supplying jet fuel to Auckland Airport and a commercial dry dock aim to boost job creation and international trade. Plans for a Regional Infrastructure Fund part-funded drydock at Northport and the potential use of special economic zones to attract investment demonstrate a focus on enhancing New Zealand's economic growth and resilience.
05 Aug 2025
1 year ago
2637 views
The address at Marsden Point highlighted plans for a new rail link, development of a dry dock, and potential for 'special economic zones' to boost Northland's economic relevance to New Zealand. The focus was on the importance of trade for New Zealand's economy, with discussions on the need for a second major port due to capacity constraints at existing ports like Tauranga and Auckland. The address also emphasized the significance of energy security, job creation, and export growth through initiatives like the Marsden Point Rail Link and the proposed Special Economic Zones legislation.