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Govt eyes taxpayer cash to revive Marsden Point's empty fuel tanks

Source: nzherald.co.nz

The government is considering funding to refurbish empty fuel storage tanks at Marsden Point.
These tanks could add 350 million litres of extra storage to New Zealand's largest fuel terminal.
The move aims to boost fuel supply resilience amid current shortages.

New Zealand's government is weighing whether to use public money to help Channel Infrastructure refurbish unused tanks at the former Marsden Point oil refinery. The site, shut down in 2022, already stores 300 million litres of fuel but has capacity for much more. This matters because fuel shortages are hitting hard right now, and extra storage could act as a national buffer.