The Ministry of Business, Innovation and Employment (MBIE) has released its latest update on New Zealand’s fuel stock, saying the supply chain continues to “operate smoothly”.
As of May 27, New Zealand has 58.1 days of petrol, 44.2 days of diesel, and 57.8 days of jet fuel.
MBIE said fuel is flowing into the country as expected and fuel importers have provided “good confidence” through confirmed orders to July, with planned orders extending into August.
Since the last update, petrol stocks have decreased by 2.9 days, diesel stocks by 1.7 days, and jet fuel stocks by 7.5 days.
The ministry said that, despite this, overall fuel stocks remain “well above” minimum requirements, and the movements are "routine and consistent” with typical shipping patterns, even with the conflict in the Middle East.
