Quick read through of the presentation and looks like I am going to be the proud co-owner of a import terminal in a few years. Thanks for the bang on foreshadowing Sailor Rob.
Conversion costs of $200 million, decommissioning of $60 million.
Seems like the footprint of an import terminal is a lot smaller than a refinery so frees up quite a lot of tank storage and land.
So many moving parts but ill keep on holding through.
I wonder who will pay for the unneeded extra storage on site, MBIE say it is pretty critical to domestic oil security.
https://www.mbie.govt.nz/assets/c3a1...ember-2017.pdf
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