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ENERGY

Marsden Point Energy Precinct & Import Terminal

Channel Infrastructure NZ (formerly Refining NZ) · Northland

The former Marsden Point oil refinery (closed April 2022) now operates as Channel Infrastructure’s fuel import terminal, storing ~40% of NZ’s fuel and ~80% of jet fuel and piping it 170km to Auckland. Current works (2026–27): a ~$30m site upgrade for the Marsden Point Energy Precinct, a new bitumen import terminal (completing H2 2026), and a government-contracted $21.6m diesel-reserve expansion for fuel security.

A
94% · Very likely to proceed
Completion Probability — likelihood this proceeds on roughly its stated timeline.
Breakdown
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Key facts

Region
Northland
Sector
Energy
Status
Under Construction
Estimated value
$90m
Indicative completion
2027
Funding status
Fully Funded
Lead organisation
Channel Infrastructure NZ (formerly Refining NZ)
Election risk
Safe

Election risk assessment

Commercial (Channel Infrastructure) plus government fuel-security investment — broadly bipartisan.

Government priority alignment

MEDIUM — Fuel-import security infrastructure — commercially led, nationally significant.

Chronology

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