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Massive Five Cent Price Drop at Gull Today

27 January 2005

Massive Five Cent Price Drop at Gull Petrol Stations Today

Gull Petroleum is living up to its reputation as a major player in the New Zealand fuel industry today by leading the market in a five cent price drop.

Gull petrol stations across the country today are lowering their fuel prices by five cents, from 6am until midnight.

The drop in petrol and diesel prices will bring prices down to around 113.5 cents per litre for regular (91 octane) petrol and the cost of premium (96 octane) petrol will drop to 118.5 cents per litre.

Gull's Low Sulphur Diesel (400ppm) will be reduced to around 71.5 cents per litre.

"It is fantastic that Gull has the ability to lead a significant price drop such as this." says Gull's retail operations manager Ulrik Olsen, "Especially as it gives Gull a chance to really give something back to our loyal customers."

"Importantly for us, it also reaffirms that the so-called 'underdog' can be a leader, not just a follower. It reinforces Gull's position in New Zealand as the driving force behind competitive fuel prices."

Gull will continue to be committed to providing New Zealand motorists cheaper and more environmentally friendly fuel.

ENDS

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