MEDIA STATEMENT:

Fuel Price Decrease

Embargoed until 6am, Monday 16 May.

Z Energy, the New Zealand company who owns the Shell retail network, is dropping the price of petrol and diesel at its Shell sites by 3c a litre, effective 7am, Monday 16 May. A reduction in the cost of refined product has enabled Z to pass on this lower cost to the consumer.

Formerly known as Greenstone Energy, this is the first price decrease undertaken under the new Z Energy brand, launched last Wednesday.

The new prevailing prices are:

Ultra 212.9 (down 3cpl)
V-Power 219.9 (down 3cpl)
Diesel 154.9 (down 3cpl)

ends