New data from the Ministry of Business, Innovation, and Employment shows that New Zealand’s petrol and diesel stocks have risen, while jet fuel levels remain within the normal range.
As of Wednesday night, the country had nearly 60 days of petrol, just under 55 days of diesel, and about 50 days of jet fuel either available domestically or on the way.
This total includes fuel already in New Zealand, fuel aboard ships within New Zealand waters, and shipments expected to arrive within about three weeks.
Of that, roughly 30 days of petrol, about 22 days of diesel, and around 25 days of jet fuel were already in the country.
In addition, five ships within the Exclusive Economic Zone (EEZ) were carrying approximately 12 days of petrol, six days of diesel, and two days of jet fuel. A further 10 shipments outside the EEZ were transporting about 19 days of petrol, 27 days of diesel, and 23 days of jet fuel.
Prime Minister Christopher Luxon said the situation remained stable, with no current indication of supply disruption.
“At this point in time we’ve had no indication that our fuel importers who we talk to daily, multiple times a day, have had any cancellation of their forward orders,” Luxon said.
Last week, the government outlined its fuel plan, including the criteria it would use to assess whether a shift between phases was necessary. These include export restrictions from refineries supplying New Zealand, changes in fuel stock levels of more than three days since the previous update, warnings from fuel companies that future orders may not be fulfilled, breaches of minimum storage requirements, major policy changes in Australia or from the International Energy Agency, and any significant disruption to regional fuel distribution.