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Tag: Marsden Point

New Zealand is committing national suicide

New Zealand is committing national suicide

Even countries like Mali have gold reserves. On the 12 September 2019, the RBNZ also confirmed in an Official Information Act request that “the Reserve Bank does not hold any gold as reserves.” How Much Gold Does the Reserve Bank of New Zealand Have in 2022? We’ve had the odd query from other New Zealanders asking, “how much gold does the Reserve ‎Bank of New Zealand (RBNZ) actually have?”. Our guess is people are probably asking because since the financial crisis…

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New Zealand commits national suicide

New Zealand commits national suicide

Don’t tell me that New Zealand is not committing national suicide, just like the resst of the world, especially Europe. “Don’t worry…we’ll import it” ….in the midst of World War 3. Businesses used to get much of their supply from the Marsden Point oil refinery, which produced CO2 as a by-product of its refining operation until that was closed at the end of March. Now the only remaining domestic source of liquid and other food-grade CO2 is a production plant attached…

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Closing New Zealand’s only oil refinery – an act of national suicide

Closing New Zealand’s only oil refinery – an act of national suicide

With everything that is going on I have overlooked a protest at Marsden Point oil refinery, New Zealand’s only, that is being closed at a time when the future of our energy security has never looked so grim. Marsden Point closure: Shutting New Zealand’s only oil refinery could expose country to fuel security risks – report Plans for a $250m shutdown of the country’s only refinery are already well advanced. Photo credit: File Image The government has been warned that…

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An act of national suicide

An act of national suicide

It seems to me that every decision by successive governments is an act in national suicide. How much could new fuel storage investments cost us? Process units at Marsden Point have now been shut down, marking an end to the refining operation at the plant. From tomorrow Refining NZ becomes Channel Infrastructure and the 60-year-old refinery becomes an import-only terminal for already-refined products – something critics say may have an impact on our fuel security. Energy Minister Megan Woods told Nine to Noon…

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