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.

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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

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.