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


Application to acquire Mobil's General Aviation

Monday 23 June 2008

Attention Newsroom - Statement by Shell New Zealand

Shell New Zealand applies to acquire Mobil's General Aviation business

Shell New Zealand today applied to the Commerce Commission for clearance to acquire Mobil Oil New Zealand Limited’s General Aviation (GA) Aerostop business.

Shell and Mobil have agreed a conditional contract for the sale and purchase of Mobil’s GA network of unattended refuelling facilities at 34 local and regional locations throughout New Zealand. These refuelling facilities supply Aviation Jet Fuel (Jet A1) and Aviation Gasoline (Avgas), and consist of a fuel tank(s) and “swipe card bowers” (fuel pumps which are activated with customer swipe cards).

The acquisition is subject to receiving regulatory approval.

Shell regards the acquisition of Mobil’s GA network as a one-off opportunity to expand its existing network. The acquisition will enable Shell to offer product at more locations, significantly improving its customer offering and enabling it to operate more effectively in this market.

Note to editors: This is not the purchase of Mobil’s entire New Zealand aviation business. Avgas and (to a lesser extent) Jet A-1 are products that fall within the General Aviation segment of the broader Aviation Fuels market. The customers in this segment are users of light aircraft and helicopters engaged in a range of activities from recreational flying, tourism, agriculture, search and rescue, air charter and flying schools.

Other segments of the aviation fuels market not covered by this proposed acquisition are “Big Jet” (wide body domestic and international carriers), domestic/special carriers (operated by Air New Zealand Domestic, Link and low cost airlines) and the Military.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Water: Farming Leaders Pledge To Help Make Rivers Swimmable

In a first for the country, farming leaders have pledged to work together to help make New Zealand’s rivers swimmable for future generations. More>>


Unintended Consequences: Liquor Change For Grocery Stores On Tobacco Tax

Changes in the law made to enable grocery stores to continue holding liquor licences to sell alcohol despite increases in tobacco taxes will take effect on 15 September 2017. More>>

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>