Channel Infrastructure NZ signed a 15-year contract with BP for additional jet and diesel fuel storage at the Marsden Point Energy Precinct. The deal is expected to generate NZ$130 million in revenue over the initial term.
Sentimentneutral 50
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Impact20
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Confidence85%
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Channel Infrastructure NZ to fund tank repurposing with existing debt, start Sept 2026, finish Q3 2028neutral 50 · impact 20 · this page
Channel Infrastructure NZ signs 15-year BP contract for jet and diesel storage at Marsden Pointneutral 50 · impact 10 · first wire
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