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
Breakdown▾
94% · Very likely to proceed
Completion Probability — likelihood this proceeds on roughly its stated timeline.
Each axis is a scoring factor (0–100%)
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
- 2022Refinery closes; site converts to a fuel import terminal
- 2025Government contracts $21.6m diesel-reserve expansion for fuel security
- 2026~$30m Energy Precinct upgrade; new bitumen import terminal completing H2 2026