Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Gull Runs Out Of Diesel - Cuts Petrol Prices

Gull Petroleum, which has kept many diesel users supplied with uncontaminated fuel during the recent diesel quality crisis, is finally exhausting its stocks - and immediately reclaiming the initiative in the marketplace by cutting the price of its petrol by up to two cents a litre at all its stations from Whangarei to Palmerston North.

Gull 91 petrol will now sell for $1.079 and premium for $1.129.

Operations manager Ulrik Olsen said Gull had been glad to help diesel users through the difficult period and to welcome "many new customers", but it was inevitable supplies would eventually fail to keep up with sales increases as high as 700 per cent in some locations.

Several service stations had run out today and the remainder were expected to do so tomorrow.

"We couldn't purchase from any of the other companies the same high quality product that we've been supplying, so we have chosen to run out of product rather than compromise on quality. We have assured customers that our diesel will always be free of cheap, problem-causing additives and low in sulphur," Mr Olsen said.

Replenished diesel supplies are expected to be available at Gull stations around the end of the month.

Mr Olsen said the reduced petrol prices were intended to attract extra customer traffic to Gull stations now the rush for diesel is ending. "We are confident people will find our petrol is the same high quality as the diesel, and the move will keep the major oil companies on their toes as well," he said.
Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news