Shane Jones: Associate Energy Minister on the investigation into the re-opening of the Marsden Point Oil Refinery

Early Edition on Newstalk ZB

A re-opening of Northland's Marsden Point Oil Refinery could be on the cards.

The Government's investigating the feasibility of doing so as part of a study into New Zealand's fuel security requirements.

The privately-owned fuel refinery was decommissioned in 2022 to become an import-only fuel terminal.

Associate Energy Minister Shane Jones told Mike Hosking the Marsden Point investigation is a small part of the fuel resilience strategy he's drawing up.

He says in fairness to the last Government, they did put effort into resilience after the refinery closed.

Jones says it all's down to who will pay the $80 million a year to boost the amount of oil we have onshore.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.