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Z Energy Limited (NZX: ZEL) Negotiations with Refining NZ

Monday 1st November 2021

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Z Energy (NZX / ASX: ZEL) (“Z”) notes the market announcement from New Zealand Refining (NZX: NZR ) this morning on the status of the negotiations of the Terminal Services Agreement (TSA) with its customers. The last significant step ahead of the Refinery’s final investment decision on import terminal conversion.

David Binnie, GM Supply for Z Energy said, “Substantial progress has already been made on the TSA negotiations and Z is committed to concluding the negotiations as quickly as possible. We remain committed to the import terminal conversion and the schedule remains on track for completion in the first half of 2022.”

Please see the link below for details

Z Energy Negotiations with Refining NZ

Source: Z Energy Limited

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