NZ increases jet fuel supply to meet growing demand from aviation industry

    Ministry of Business Innovation and Employment (MBIE) released (22-Jun-2017) new data showing New Zealand’s supply of aviation fuel grew significantly in 1Q2017, year on year, to meet strong demand from the aviation industry. The New Zealand Energy Quarterly, released by the MBIE, shows the amount of jet fuel used for international transport grew by 19%, and domestic travel by 18%. MBIE manager of energy and building trends James Hogan stated demand was met by not only importing more jet fuel but also increasing production at Marsden Point, the country’s only oil refinery.