Z Energy Limited (NZX: ZEL) welcomes final investment decision on ITS

Z Energy welcomes final investment decision on import terminal

Z Energy (NZX / ASX: ZEL) (“Z”) welcomes the announcement today from Refining NZ (NZX: NZR ) informing that the final investment decision (FID) has been made to cease domestic refining and move to an import terminal by April 2022.

Z Chief Executive, Mike Bennetts, said the decision to move to importing refined fuels was the best choice for New Zealand and thanked the Board and Management of the Refinery for undertaking such a comprehensive, independent strategic review and then securing the approval of shareholders and customers.

Please see the link below for details

Z Energy welcomes ITS decision

Source: Z Energy Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

CNU - Board change, closing date for director nominations, & ASM
PFI - PFI Announces FY26 Annual Results
August 24th Morning Report
SKL - Shareholder Register Release
SPN - South Port Delivers Record FY26 Result
GEN - Amended Annual Shareholders Meeting 2026 Results
TWL - TradeWindow to seek primary ASX listing; appoints Australia
AIA - Annual Meeting and Nomination of Directors
FPH provides first half FY27 guidance, updates FY27 outlook
August 21st Morning Report