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Cost of stoppage

Production lost so far because of the Marsden Point refinery stoppage amounts to an , .. million and the total is increasing hv more than $363,000 daily, according to the Minister of Energy (Mr Birch), The immediate effect of the stoppage was a depletion of fuel stocks, particularly petrol and diesel, Mr Birch said.

Even if refinery tradesmen resumed work by Saturday enabling production to re? sume by August 17, stockouts in ports would only just be avoided.

“It is regrettable and potentially very serious that oil stocks in New Zealand, which have been carefully built up since the critical days of the 1979 oil shock, are now being allowed to decline," Mr Birch said. '

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19810807.2.51

Bibliographic details

Press, 7 August 1981, Page 4

Word Count
116

Cost of stoppage Press, 7 August 1981, Page 4

Cost of stoppage Press, 7 August 1981, Page 4

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