Articles tagged with Diesel Storage

Government Completes Recommissioning of 93M Litres Diesel Storage at Marsden Point

3 weeks ago | 218 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.

Tags: Marsden Point Northland Channel Infrastructure NZ Nicola Willis Shane Jones diesel storage New Zealand Regional Infrastructure Fund fuel supply Middle East conflict

New Zealand Boosts Diesel Storage by 90 Million Litres at Marsden Point

3 months ago | 606 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.

Tags: Shane Jones Channel Infrastructure Marsden Point Regional Infrastructure Fund New Zealand Government diesel storage fuel resilience Regional Development Minister Middle East conflict New Zealand fuel supplies