There’s been a shift in when New Zealand will hit peak petrol imports. 

After initially predicting it will peak around next year, Channel Infrastructure says the early 2030s is now the more likely date. 

It comes as the company announced plans for an energy precinct at Marsden Point. 

Chief executive Rob Buchanan told Mike Hosking some of the reasons of this shift are reductions in vehicle kilometres travelled and the purchasing of new vehicles. 

He says they've also seen a dramatic reduction in EV registrations, now they compete with internal combustion engines. 

LISTEN ABOVE 

There’s been a shift in when New Zealand will hit peak petrol imports.&nbsp;
After initially predicting it will peak around next year, Channel Infrastructure says the early 2030s is now the more likely date.&nbsp;
It comes as the company announced plans for an energy precinct at Marsden Point.&nbsp;
Chief executive Rob Buchanan told Mike Hosking some of the reasons of this shift are reductions in vehicle kilometres travelled and the purchasing of new vehicles.&nbsp;
He says they've also seen a dramatic reduction in EV registrations, now they compete with internal combustion engines.&nbsp;
LISTEN ABOVE&nbsp;

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Rob Buchanan: Channel Infrastructure CEO on the new predictions of when NZ will hit peak petrol imports

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/09fc1729-69b4-4d5d-ae29-b213014f2085/transcript

Advertisement