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Marsden Point produced 70 per cent of New Zealand's refined oil needs, with the rest being imported from Singapore, Australia and South Korea. [4] Crude oil bought by the refinery was shipped to the deep-water port at Marsden Point for refining into transport fuels for New Zealand. The refinery was responsible for supplying: [5]
The oil and gas industry in New Zealand explores and develops oil and gas fields, and produces and distributes petroleum products and natural gas. In 2022, New Zealand's net self-sufficiency in oil (production divided by consumption) was 12%, i.e. the country imported much more crude and refined oil than it exported. [1]
Energy Resources Aotearoa, formerly known as Petroleum Exploration and Production Association of New Zealand (PEPANZ) until March 2021, [2] is an incorporated society based in Wellington which represents the wider energy resources sector, including the upstream oil and gas sector in New Zealand. They work with central and local government ...
The Agreement between New Zealand and Singapore on a Closer Economic Partnership (CEP) entered into force on 1 January 2001. [1] It is the most comprehensive trading agreement that New Zealand has negotiated, with the exception of the Closer Economic Relations agreement with Australia .
Singapore and New Zealand will cooperate on green technologies in the fight against climate change, prime ministers from both countries said Tuesday. The joint efforts will be part of the new ...
In 2021, New Zealand's Total Energy Supply (TES) amounted to 829.3 petajoules (PJ), marking an 11% increase compared to 2011. The energy supply composition highlighted a diverse range of sources, with renewables being the largest contributor at approximately 42%, followed by oil at 34%, natural gas at 17%, and coal contributing about 7%.
Likewise, New Zealand has a high commission in Singapore. Both Singapore and New Zealand are members of the Commonwealth of Nations, Asia Pacific Economic Cooperation (APEC), and the Five Power Defence Arrangements pact. From 1974 to 1989, the New Zealand Force South East Asia maintained a joint military base in Singapore. Singapore is New ...
The Kupe natural gas field is located in the Tasman Sea, 30 km off the coast of the town of Manaia in Taranaki, New Zealand. The field was discovered in 1986 and is located in 35 metres of water. [1] [2] The production facility comprises an unmanned offshore platform, a 30 km single three phase pipeline to shore and an onshore production ...