NZ InfraWatch
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ENERGY
Marsden Point Import Terminal — Oil Refinery Conversion
Channel Infrastructure NZ (formerly Refining NZ) · Northland
Conversion of the Marsden Point oil refinery (closed 2022) to a fuel import terminal. New tankage, marine offloading, and pipeline infrastructure. NZ now imports all refined fuel. Commercially funded by Channel Infrastructure.
A
93/100 · Very likely to proceed
Completion Probability — likelihood this proceeds on roughly its stated timeline.
Funding statusweight 30%
Delivery stageweight 25%
Election / policy riskweight 20%
Govt priority alignmentweight 12%
Project scaleweight 8%
Delivery agencyweight 5%
Key facts
- Region
- Northland
- Sector
- Energy
- Status
- Under Construction
- Estimated value
- $250m
- Indicative completion
- 2026
- Funding status
- Fully Funded
- Lead organisation
- Channel Infrastructure NZ (formerly Refining NZ)
- Election risk
- Safe
Election risk assessment
Commercially funded, operationally critical for NZ fuel supply.
Government priority alignment
MEDIUM — Fuel-import security infrastructure — commercially led, nationally significant.
Chronology
- 2021Refining NZ announces closure of Marsden Point refinery — NZ will import all refined fuel
- 2022Refinery closes. Conversion to import terminal begins
- 2023New import tankage and marine unloading infrastructure under construction
- 2024Pipeline upgrades from Marsden Point to Auckland (Wiri) fuel terminal
- 2026Full import terminal operational. Company rebrands as Channel Infrastructure