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:

AIA - July 2026 Monthly Traffic Update
MEL - Appointment of Non-Executive Director to Meridian Board
SML - Synlait ELT update
August 17th Morning Report
CMO - Preliminary result and dividend
GXH - Green Cross Health Limited (GXH) CEO Resignation
MEL - Meridian Energy monthly operating report for July 2026
August 14th Morning Report
VHP - Managed Investment Scheme 2026 Annual Report
PYS - Annual Meeting and Director Nominations