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Consultation on Oil Security Review 2012

Closed
Submissions closed at
5pm on Tuesday, 27 November 2012
Oil Security discussion document [2.1 MB PDF] PDF Document 2188kb

Summary

In 2011 and 2012, the Ministry of Business, Innovation and Employment (MBIE) commissioned three reports which address the optimal level of oil security in New Zealand. These proposals help to mitigate risks of two types of oil supply disruption:

  • International supply disruption: Supply disruptions arising outside of New Zealand can result in a spike in the global oil price—affecting the domestic economy.
  • Domestic supply disruption: Disruptions to domestic supply chain infrastructure can result in supply shortfalls, and distribution challenges, in New Zealand.

On 30 October 2012, MBIE released a discussion paper for public consultation that investigates a range of proposals to improve oil security in New Zealand. The proposals contained in this discussion document are derived from the commissioned reports, and through discussions with selected stakeholders.

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Last updated 14 November 2012