Channel Infrastructure NZ Ltd
NZX:CHI

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Channel Infrastructure NZ Ltd
NZX:CHI
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Price: 2.97 NZD 0.68%
Market Cap: NZ$1.2B

Channel Infrastructure NZ Ltd
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Channel Infrastructure NZ Ltd
Glance View

Market Cap
1.2B NZD
Industry
Energy

The New Zealand Refining Co. Ltd. engages in the distribution of petroleum products. The firm delivers fuel to the Northland and Auckland markets. The firm utilises its strategic infrastructure located at Marsden Point to import refined fuels, owned by its customers, and distribute this to New Zealand. The fuel from Marsden Point is then distributed primarily to the Auckland and Northland markets through the 170-kilometre Marsden Point to Auckland Pipeline and the truck loading facility located adjacent to the Marsden Point site. Its import terminal system (ITS) includes the two deep-water jetties at Marsden Point. The firm has approximately 280 million litres of storage tanks, and the 170 kilometer pipeline from Marsden Point to Auckland. The firm's subsidiary, Independent Petroleum Laboratories, provides fuel testing services at Marsden Point and around New Zealand.

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