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.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Electricity Market: Power Panel Favours Scrapping Low-Fixed Charges

An independent panel reviewing electricity prices favours scrapping the government’s low-user fixed charge regime, banning the use of prompt-payment discounts, and requiring greater disclosure of the profit split between the retail and generation arms of the major power companies. More>>


Bottomless Oil And Zero Climate Cost: Greenpeace Not Big On PEPANZ Gas Ban Report

The NZIER report commissioned by oil industry body, PEPANZ, claims the oil and gas ban issued by the Government last April could cost the the New Zealand economy $28 billion by 2050... But Greenpeace says the figures in the report are based on false assumptions and alternative facts. More>>


Two Queensland Fruit Flies And A Different One In Otara: Devonport Fruit And Veg Lockdown

Work continues at pace on the biosecurity response following the discovery last week of one male Queensland fruit fly in a surveillance trap in the Auckland suburb of Devonport. More>>


Digital Services Tax: Government To Plan Tax On Web Operator Income

New Zealand is to consult on the design of changes to tax rules which currently allow multinational companies in the digital services field to do business here without paying income tax. More>>