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

 

Budget Policy Statement: 'Wellbeing Of NZers At The Heart Of Budget Priorities'

“We want a wellbeing focus to drive the decisions we make about Government policies and Budget initiatives. This means looking beyond traditional measures - such as GDP - to a wider set of indicators of success,” Grant Robertson said. More>>

ALSO:

Short Of 2017 Record: Insurers Pay $226m Over Extreme Weather

Insurers have spent more than $226 million this year helping customers recover from extreme weather, according to data from the Insurance Council of NZ (ICNZ). More>>

Environment Commissioner: Transparent Overseer Needed To Regulate Water Quality

Overseer was originally developed as a farm management tool to calculate nutrient loss but is increasingly being used by councils in regulation... “Confidence in Overseer can only be improved by opening up its workings to greater scrutiny.” More>>

ALSO:

Deal Now Reached: Air NZ Workers Vote To Strike

Last week union members voted overwhelmingly in favour of industrial action in response to the company’s low offer and requests for cuts to sick leave and overtime. More>>

ALSO: