Articles tagged with Marsden Point
Government Completes Recommissioning of 93M Litres Diesel Storage at Marsden Point
2 weeks ago | 179 viewsThe 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 conflictKiwiRail Selects Three Partners for Cost-Effective Marsden Point Rail Link Design Sprint
3 weeks ago | 325 viewsMinister 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.
Tags: Winston Peters KiwiRail Marsden Point Rail Link Acciona Downer HEB Martinus Rail Northport New Zealand Minister for RailNew Zealand’s Diesel Reserve Shipment En Route to Marsden Point for Fuel Security
3 weeks ago | 231 viewsNew 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.
Tags: Nicola Willis Shane Jones New Zealand Marsden Point diesel reserve Channel Infrastructure Z Energy Regional Infrastructure Fund fuel security crude oil tanksNew Zealand Signs Historic Deal with Z Energy for 90 Million Litres of Diesel
1 month ago | 348 viewsThe 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.
Tags: New Zealand Z Energy Nicola Willis Shane Jones diesel supply Marsden Point fuel security Channel Infrastructure Middle East conflict government contractNew Zealand’s Updated Fuel Response Plan Ensures Supply Amid Global Uncertainty
1 month ago | 390 viewsThe 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.
Tags: Nicola Willis Shane Jones Fuel Response Plan New Zealand Marsden Point Z Energy diesel supply fuel shortage government energy policyNew Zealand Secures Extra Diesel Supply to Boost Fuel Reserves and Security
1 month ago | 427 viewsThe 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.
Tags: Nicola Willis Shane Jones Z Energy New Zealand Marsden Point diesel supply Government fuel reserves Channel Infrastructure Ministry of Business Innovation and EmploymentNew Zealand Boosts Diesel Storage by 90 Million Litres at Marsden Point
2 months ago | 576 viewsThe 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 suppliesTransformative Rail Investment in Auckland: Unveiling the Third Main Line Project and Future Upgrades
9 months ago | 902 viewsThe 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.
Tags: David Gordon Mayor of Auckland Minister of Transport New Zealand KiwiRail Wellington Northland Marsden Point Rail Link FonterraNorthland's Economic Future: Major Developments and Opportunities Unveiled
10 months ago | 1941 viewsRail 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.
Tags: Northland Winston Peters Shane Jones Marsden Point New Zealand Channel Infrastructure Z Energy Auckland Airport KiwiRail SEZsBoosting Northland's Economic Relevance: New Rail Link, Dry Dock, and Special Economic Zones Announcement
10 months ago | 2076 viewsThe 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.
Tags: Shane Jones Northland New Zealand Marsden Point Channel Infrastructure Port of Tauranga Port of Auckland KiwiRail Special Economic Zones God’s own country