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

 

MIA Welcomes Fuel Specification Review

MIA Welcomes Government Announcement on Fuel Specification Review

Perry Kerr, Chief Executive Officer of the Motor Industry Association (MIA), which represents new car distributors, said that the Association and members welcomed today’s announcement by the Government of the proposed changes to the Petroleum Products Specifications Regulations.

Mr Kerr said that members were particularly happy with the decision to reduce the sulphur content of diesel down to 500 parts per million (ppm) from August 2004 and then to 50 ppm from 2006 with a further review to lowering this down to 10-15 ppm by no later than 2009-2010. This aligns the NZ diesel fuel with international requirements and will allow MIA members to import vehicles with the latest emission and fuel efficiency technology. Mr Kerr said as a result of this announcement one member has confidently advised that they will now move to fit emission equipment to their full range of heavy vehicles.

Mr Kerr went on to say that the only disappointing aspect of the review was that the sulphur level for unleaded 91 petrol was not lowered to 50 ppm in line with the Marsden Point Oil Refinery production. By having a higher limit, oil companies could import higher sulphur petrol for distribution. He went on to say that he hoped that the oil companies would not do this.

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>