Fuel supply remains within normal levels.

New Zealand is continuing to closely monitor the impacts of the conflict in the Middle East on global fuel markets. While this is a fast-moving situation internationally, fuel supply into New Zealand remains stable, and onshore and incoming stocks are healthy. There is currently no need for New Zealanders to change how they buy fuel.

It is important to remember that fuel supply is inherently dynamic, with stock levels fluctuating week to week as fuel is consumed and new shipments arrive. The data released today shows minor changes in stock levels and reflect normal patterns of consumption and shipping, not signs of supply disruption.

There are a number of ships carrying fuel docking and unloading fuel in New Zealand this week. Fuel importers manage their imports in line with demand and minimum stockholding obligations. Fuel companies have been asked to provide immediate updates to officials and there have been no reports of issues with future shipments.

Fuel companies have told us that there are a healthy number of ships on water or planned for later in April.

The latest fuel stock level and shipping data can be found on MBIE’s website here: https://www.mbie.govt.nz/about/news/fuel-stocks-update

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