Officials say fuel stocks remain stable. Photo: RNZ / Quin Tauetau
The country’s fuel levels have dipped slightly, but officials say stocks remain sufficient and there is still no sign of supply disruption.
The latest Ministry of Business, Innovation and Employment (MBIE) update recorded 59.7 days cover of petrol, as of midnight Wednesday. That’s down from 62.6 days at the last update.
Diesel stocks would stretch 49.1 days (down from 51.7) while jet fuel was set to last 50.7 days (down from 53.5).
Less than half of the total fuel stocks, however, were actually “in-country” with the remainder still on ships.
On-land supplies amounted to about 26 days, 22 days and 25 days of petrol, diesel and jet fuel respectively.
Five ships were up to two days away, with another nine within three weeks of arrival.
MBIE officials said “no concerns” had been reported about future fuel shipments.
“There is currently no indication of fuel supply disruption, and fuel continues to flow normally into New Zealand.”
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All are up on the last update, though petrol and diesel reserves have only increased by less than half a day’s normal consumption.
The government has indicated there will be an announcement tomorrow on care and support workers affected by the costs of fuel.
Federated Farmers says farmers are experiencing fuel shortages, with some two to three weeks behind their normal fuel drops. Audio
Finance Minister Nicola Willis said the country could remain in phase one of its fuel crisis response.
The prime minister stressed there was no need to hoard fuel, as the government’s crisis plan is revealed.
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