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$200m price tag as Refining NZ moves closer to import terminal

Converting refinery could leave further upside in repurposing surplus tanks, land.

Reweti Kohere Wed, 17 Feb 2021

Refining NZ expects transforming the Marsden Point oil refinery into a fuel import terminal will cost $200 million over four to five years, with further potential upside in repurposing surplus tanks and land to help shore up supply.

The listed company is trading up 1.5c at 49c a share after

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Reweti Kohere Wed, 17 Feb 2021
Contact the Writer: reweti@nbr.co.nz
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$200m price tag as Refining NZ moves closer to import terminal
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