bp has announced a long-term agreement with Channel Infrastructure for new diesel and jet fuel storage capacity at the Marsden Point Energy Precinct, reinforcing its long-term commitment to New Zealand and helping strengthen the country’s fuel resilience.
Over the next two years, Channel Infrastructure, will work to bring the additional storage into service for bp. The new capacity will be commissioned progressively from 2028 and will provide a substantial increase in storage for both diesel and jet fuel.
Work to repurpose the existing tanks is expected to commence in September 2026, with the project targeted for completion in Q3 2028.
Haley Mahoney, Country President, bp New Zealand and Vice President Aviation Asia Pacific, said:
“This increased storage capacity for both diesel and jet fuel, will help us meet current and future customer demand while strengthening New Zealand’s fuel security and resilience.
New Zealand has been an important part of bp’s business for almost 80 years, and this agreement reflects our ongoing commitment to investing in the infrastructure and supply chains that support our customers, communities and the wider economy."
Channel Infrastructure Chief Executive Rob Buchanan, said:
“I’m really proud to be announcing a strategic fuels storage project for New Zealand with our customer bp at a critical time for fuel infrastructure. This investment will see the delivery of significant jet and diesel storage, making a meaningful difference to New Zealand’s fuel stores.
Significant additional jet fuel storage, at the top of the Auckland International Airport fuel supply chain, and further diesel storage, which is so crucial to New Zealand’s economy is proof of the absolutely critical role that Channel can play, working with our customers, in underpinning New Zealand’s fuel supply chain resilience."
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bp Press Office – New Zealand
Gordon Gillan, Communications Manager
Email: bppressanz@bp.com