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


Shell NZ application - Mobil aviation fuel assets

Shell NZ applies for clearance to acquire certain aviation fuel assets of Mobil Oil NZ

The Commerce Commission has received an application from Shell New Zealand Limited seeking clearance to acquire Mobil Oil New Zealand Limited's Aerostop network assets.

The application concerns specialist aviation fuels. The main suppliers of aviation fuel are BP Oil New Zealand Limited, Shell and Mobil.

Shell is not seeking to acquire the entire Mobil aviation fuel business. The acquisition relates only to the supply of aviation fuel to light aircraft and helicopters engaged in a range of general aviation activities including agriculture, flying schools, tourism and recreational flying. These customers are supplied through unattended refuelling facilities (fuel pumps which are activated with customer swipe/fuel cards).

The supply of aviation fuel to domestic and international scheduled passenger airlines is excluded from the acquisition, as is supply to the military and other aircraft that use manned into-plane refuelling services. Also excluded from the acquisition is all infrastructure pertaining to the production, storage and transportation of aviation fuel.

Mobil's Aerostop network comprises 48 unattended refuelling facilities at 34 local and regional airfields. Shell's network comprises 32 facilities at 23 locations. The acquisition only involves aggregation at seven locations in the North Island.

In considering the application, the Commission's role is to determine whether the acquisition has the effect of substantially lessening competition in a market.

A public version of the application will shortly be available on the Commission's website under Public Registers.


© Scoop Media

Business Headlines | Sci-Tech Headlines


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>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>


Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>