The first shipment of New Zealand’s extra diesel reserve has left for Marsden Point, as the Government moves to strengthen the country’s fuel security.

Finance Minister Nicola Willis and Associate Energy Minister Shane Jones said the fuel was loaded on 31 May and was expected to arrive in Northland between 16 and 18 June.

A second shipment was expected in early July.

Together, the 2 shipments would represent about 9 days of typical diesel consumption for New Zealand.

Willis said the reserve would improve the country’s resilience.

“Diesel is critical to keeping New Zealand moving. It powers freight, agriculture, construction and many of the services New Zealanders rely on every day.

“Having additional diesel available in New Zealand provides greater resilience and gives New Zealanders confidence that we are better prepared for potential supply disruptions,” Willis said.

Channel Infrastructure was continuing work to refurbish 2 former crude oil tanks at Marsden Point, creating about 93 million litres of capacity for the diesel.

The tanks were expected to be ready when the first shipment arrived.

Jones said the reserve would be controlled by the Government.

“The Crown and Z Energy agreed that the company will own and manage the reserve stocks. How and when the reserve is used will be decided by ministers,” Jones said.

The additional supply would not count towards fuel companies’ minimum stockholding obligations.

The tank refurbishment was being funded by up to $21.6 million from the Regional Infrastructure Fund.