Government Inks Deal To Bolster Fuel Resilience

Government Inks Deal To Bolster Fuel Resilience

Working with industry to establish reserve fuel supplies and increase our fuel storage capacity is exactly the kind of action we need to be taking right now to give ourselves the insurance we need, Associate Energy Minister Shane Jones says.

Government secures emergency diesel stockpile

The government has finalised a deal with Z Energy to secure almost 90 million additional litres of diesel fuel, equivalent to about nine days of national supply, as concerns over global fuel security continue amid instability in the Middle East. Finance Minister Nicola Willis said the agreement would significantly strengthen the country’s short-term fuel resilience, with the diesel expected to begin arriving in refurbished storage tanks at Marsd…