Channel Infrastructure says new fuel storage deals at Marsden Point are helping lift its earnings outlook.Key numbers for the six months ended 30 June 2026 compared with a year ago:Revenue $72.9 million vs $70.2mNet profit after tax $18.2m vs $11.6mOperating earnings (EBITDA) from continuing operations $48.8m vs $48.5mInterim dividend 7.25 cents per share vs 6.25 centsFY26 EBITDA guidance upgraded to $103m-$108m from $97m-$105mChannel owns the former Marsden Point oil refinery site, now a fuel import terminal supplying Auckland and Northland.The company reported half-year revenue of $72.9m, up 4 percent, while net profit rose to $18.2m from $11.6m.Operating earnings were broadly flat at $48.8m, but Channel said recently completed storage projects would lift earnings in the second half and next year.It upgraded full-year EBITDA guidance to between $103m and $108m, from the $97m to $105m range given in May.The interim dividend was lifted 16 percent to 7.25 cents a share.Channel said it brought an extra 123 million litres of jet and diesel storage into service during the half, increasing in-service storage at Marsden Point by about 40 percent.That included a 93 million litre diesel storage project for the New Zealand Government, which it said was delivered in nine weeks.Chair James Miller said the result showed the company was turning new projects into long-term revenue."We have upgraded FY26 EBITDA guidance for the second time this year, increased the interim dividend by a significant 16 percent, and delivered significant contracted growth that will contribute to earnings through the second half of 2026 and into 2027," Miller said.Channel also announced a new 15-year contract with bp for more jet and diesel storage at Marsden Point.The deal is expected to generate about $130m of revenue over its first 15 years, before inflation-linked increases, with revenue due to start in late 2028.Channel expects to spend $65m to $70m from 2026 to 2028 converting existing tanks and related infrastructure for the new storage, using its existing debt facilities.Chief executive Rob Buchanan said the increased focus on energy security was opening up more chances for Channel to use the infrastructure it already owned.The company said full-year contributions from Z Energy jet storage and a Higgins bitumen import terminal were expected to add about $9m to FY27 EBITDA, while the Government diesel storage contract was expected to contribute about $14m.However, a final investment decision on the proposed Marsden Point Biorefinery is now likely to slip into 2027, with the consortium's equity raising taking longer than expected.