More diesel storage

Shane Jones announced:

The Government will enter into an agreement to support an additional 90 million litres of storage for diesel at Marsden Point in Northland to boost New Zealand’s fuel resilience as the Middle East conflict continues to impact global fuel supplies, Regional Development and Associate Energy Minister Shane Jones says.

Senior Ministers yesterday signed off on up to $21.6 million from the Regional Infrastructure Fund (RIF) to Channel Infrastructure NZ Ltd.

This is one of the most important things the Government can do. If we end up with supply issues, then the more storage capacity we have in NZ, the better placed we are to get through it with fewer restrictions.