Speaker 1: Kyota at Chelsea Daniels here, host of the Front Page.
Speaker 1: We're taking away breakover summer, but to help build the gap,
Speaker 1: we're re issuing some of our most significant episodes of
Speaker 1: twenty twenty five on behalf of the Front Page team.
Speaker 1: Thanks for listening and we look forward to being back
Speaker 1: with you on January twelfth, twenty twenty six. Kyota. I'm
Speaker 1: Chelsea Daniels and this is the Front Page, a daily
Speaker 1: podcast presented by the New Zealand Herald. Marsden Point operated
Speaker 1: as New Zealand's only oil refinery for nearly sixty years.
Speaker 1: At its peak in the eighties, it employed around seventeen
Speaker 1: hundred people. When it was closed in twenty twenty two,
Speaker 1: nearly two hundred and forty people lost their jobs. Run
Speaker 1: by Channel Infrastructure, the site now operates as New Zealand's
Speaker 1: largest fuels import terminal, storing and distributing forty percent of
Speaker 1: the country's fuel. In recent weeks, a slew of ministers
Speaker 1: have visited the site, with New Zealand First in particular
Speaker 1: floating the idea of introducing our first Special Economic Zone
Speaker 1: to help pump investment into the site and life back
Speaker 1: into the Northland. Economy. Later, Channel Infrastructure CEO Rob Buchanan
Speaker 1: takes us through the future of Marsden Point, but first
Speaker 1: on the front page, Massy University Emeritus Professor of Sustainable
Speaker 1: Energy and Climate Mitigation, Ralph Simms joins us to discuss
Speaker 1: the site's past and potential. First off, Ralph pretend I've
Speaker 1: never heard of Marsden Point before. Can you tell me
Speaker 1: what is it?
Speaker 2: Right?
Speaker 3: Well, Marsden Point is an oil refinery located up in
Speaker 3: Northland and it was established in nineteen sixty four because
Speaker 3: we were bringing petrol and diesel into New Zealand already refined.
Speaker 3: Thought it was cheaper if we brought in crude oil
Speaker 3: and then produced our own fuel products, and that worked well.
Speaker 3: For quite some time we were producing maybe half of
Speaker 3: New Zealand's demands of petrol, diesel and aviation fuel. A
Speaker 3: refinery takes crude oil, which is a very complex chemical
Speaker 3: if you like, and it varies from place to place,
Speaker 3: so a refinery breaks it down into useful products and
Speaker 3: petrol diesel the obvious ones, aviation fuel. Jet fuel is
Speaker 3: called also kerosene, other products chemical use as well, and
Speaker 3: also bitchamin is this stuff left over which of course
Speaker 3: we seal our roads with so that all comes from
Speaker 3: oil refinery.
Speaker 1: And so it hasn't been used as a refinery of
Speaker 1: course since it closed down in twenty twenty two. In
Speaker 1: the mid nineteen eighties, though, the refinery substantially expanded and
Speaker 1: upgraded to allow for increased production. Extra tanks, utility suppliers
Speaker 1: and environmental treatment units were added, along with a one
Speaker 1: hundred and seventy kilometer Marsden Point to Auckland pipeline.
Speaker 2: Now it's safe to say, hey.
Speaker 1: That the eighties were really its boom time.
Speaker 3: That's right, because it was expanded. A hydrocracker was installed,
Speaker 3: which was quite innovative at the time to get.
Speaker 2: More diesel out of a barrel of oil.
Speaker 3: You can only get so much petrol, so much diesel,
Speaker 3: so much of the other products, and the hydrocracker was
Speaker 3: to say, let's get more diesel out because of our
Speaker 3: diesel demand, agricultural demands, trucks, etc. So this was a project.
Speaker 3: It was owned by the New Zealand refining companies. It
Speaker 3: was Shell Oil Company that first thought about it, and
Speaker 3: then they went into partnership with all the other oil
Speaker 3: companies in New Zealand and set up the business and
Speaker 3: so then they thought they'd expand and then mister Muldoon
Speaker 3: came along with his think Big project, so he thought
Speaker 3: that was a good idea.
Speaker 2: Threw money at it, and then it took.
Speaker 3: Five six years nineteen eighty six it finally opened because
Speaker 3: there were strikes and there were delays and there was
Speaker 3: over budget, and then eventually the government did a secret
Speaker 3: deal with the oil companies to buy it to pay
Speaker 3: for all the changes that had occurred, and that meant
Speaker 3: that we were then able to produce about seventy percent
Speaker 3: of our total fuel demand. We were still importing Sundays
Speaker 3: or some of course, in the nineteen seventies there were
Speaker 3: the oil shocks around the world and we were having
Speaker 3: Carliss Days and rationing diesel, et cetera.
Speaker 2: Because there just simply wasn't enough that the.
Speaker 3: Refinery could produce because of the oil supply, but also
Speaker 3: buying imported products, and so that was another reason to
Speaker 3: give it a boost in the eighties. Interestingly, New Zealand
Speaker 3: by that time was exploring and producing oil and gas,
Speaker 3: but our oil was what's called a light sweet crude,
Speaker 3: and it didn't match the refinery processing characteristics. Most of
Speaker 3: our crude oil that we extracted was sent off to
Speaker 3: a refinery in Australia and we were producing. We were
Speaker 3: importing this medium sour crude from other parts of the world,
Speaker 3: Saudi Arabia and United Arab Emirates and wherever, and so
Speaker 3: that was unfortunate really because we were still relying on
Speaker 3: imported product and a small percentage, very small percentage of
Speaker 3: our our own crude oil would be blended in with
Speaker 3: the imported stuff, but not enough to make self sufficient.
Speaker 4: The right, honorable with supedis that from the person who
Speaker 4: agreed secretly to close down one of the three big
Speaker 4: industries in this country, namely Mars and Points. Never told
Speaker 4: the workers, never told the unions, never told anybody up north.
Speaker 4: No coverted did that And she laughs this critical componatory,
Speaker 4: she laughs about it. That's accused of me going secretly
Speaker 4: to the Prime minister. No, all twenty cabinet ministers were
Speaker 4: required to write to the Prime minister with their ideas.
Speaker 4: That's what I did. So don't believe the media crap
Speaker 4: and hype that somehow we did something special and isn't
Speaker 4: it appauling their debut. Prime Minister has been caught talking
Speaker 4: to the Prime Minister. Only labor could think.
Speaker 1: There's something wrong. Looking back, do you think that there
Speaker 1: were any missed opportunities to integrate I guess more sustainable
Speaker 1: practices into Marsden Points refining activities.
Speaker 3: Yes, well, there was a lot of debated discussion about
Speaker 3: exactly what production it should achieve from an economic sustainability
Speaker 3: point of view. If we'd have gone to one hundred
Speaker 3: percent refining, and if anything had gone wrong, then that
Speaker 3: would have been a risk.
Speaker 2: The economic balance, as.
Speaker 3: I understand it, was that we would produce two thirds
Speaker 3: or so of our own fuels but still have some
Speaker 3: reliance on imported fuels, which gives some flexibility reduces the risk.
Speaker 3: I guess that was the main reason for not going
Speaker 3: to a full large refinery, But of course that was
Speaker 3: one of the reasons why it did close down in
Speaker 3: twenty twenty two, because it's a relatively small refinery on
Speaker 3: a global basis and the cost of oil shipping, it's
Speaker 3: a long way to come, and the value of the
Speaker 3: products was such that it was actually thought cheaper to
Speaker 3: import refined products from Singapore and other Asian countries rather
Speaker 3: than carry on with refining here. And of course by
Speaker 3: that time it was. Some of it was forty to
Speaker 3: fifty years old, and these chemical engineering production processes, equipment
Speaker 3: doesn't last forever, so there was quite a maintenance operation
Speaker 3: going on. So in the end, from an economic sustainability
Speaker 3: point of view, they decided maybe we would shut it
Speaker 3: down and import refined products. And that's another issue because
Speaker 3: it was decided not to mothball the plant, which means
Speaker 3: to sort of shut it down but put grease on
Speaker 3: it and paint it and protect it so that it
Speaker 3: could we used. It was just decommissioned. It was just
Speaker 3: shut down and that was it. So parts of it
Speaker 3: have gone rusty and parts of it have been sold off,
Speaker 3: and there's more other bits that are possibly going to
Speaker 3: be sold from what I understand the government, I think
Speaker 3: Minister Shane Jones has been thinking of re commissioning the refinery,
Speaker 3: but it would be very difficult and very expensive to do,
Speaker 3: so there has been a report to assess whether that's
Speaker 3: feasible or not. The idea of being that in this
Speaker 3: day and age, with all the geopolitical unrest and such like,
Speaker 3: we would have more security if we produced more of
Speaker 3: our own fuels, but that's.
Speaker 2: Unlikely to happen. I think.
Speaker 3: I think to the cost it would be billions of
Speaker 3: dollars to renovate it.
Speaker 1: In terms of the chat about making the area or
Speaker 1: Marsden Point a special economic zone, how does that sit
Speaker 1: with you, Ralph?
Speaker 3: Yeah, well, again it's the company that's come up with
Speaker 3: this concept and Minister Shane Jones has said, oh, this
Speaker 3: could be a good idea, so he's got involved there
Speaker 3: a bit. To what degree I don't know, but basically
Speaker 3: it's saying, well, we've got all these resources, all these facilities,
Speaker 3: how can.
Speaker 2: We best utilize them?
Speaker 3: And so extra storage is one they've talked about producing
Speaker 3: green hydrogen, which is different hydrogen that comes from methane
Speaker 3: from natural gas releases emissions into the atmosphere carbon dioxide
Speaker 3: as part of producing hydrogen, whereas green hydrogen, if you've
Speaker 3: got renewable electricity to electoralize the water and produce the hydrogen,
Speaker 3: then there's no carbon emissions coming from that they've got.
Speaker 3: There's a possibility of doing that. Hydrogen as a fuel
Speaker 3: is debatable in many ways at the moment, whether it
Speaker 3: be for cars or trucks or planes.
Speaker 2: Technically possible, but is it.
Speaker 3: Energy efficient to use all that electricity to produce hydrogen,
Speaker 3: store the hydrogen to turn the hydrogen back into electricity,
Speaker 3: or maybe.
Speaker 2: Use electricity directly for a car.
Speaker 3: Obviously idiots makes more sense than for an aeroplane, but
Speaker 3: green hydrogen is a possible product.
Speaker 2: That they could use.
Speaker 3: They could also produce biofuels their liquid fuels that could
Speaker 3: replace spetrol and diesel. The IATA, the International Air Transport
Speaker 3: Association of All Airlines Air New Zealand being a strong member,
Speaker 3: has from some years looked at sustainable aviation fuels and
Speaker 3: they've been analyzing this to a great degree. United Era
Speaker 3: of Emirates I've been involved with a little bit and
Speaker 3: they've been very strongly supporting this and advocating for the concept,
Speaker 3: even though they produce oil themselves. The IATA have got
Speaker 3: no different technologies that they can that they've approved in
Speaker 3: order to make these jet pule and one.
Speaker 2: Of them is through using green hydrogen. Another one, which.
Speaker 3: Channel Infrastructure is now looking at in association with Air
Speaker 3: New Zealand and SCION, which was Forest Research Institute, is
Speaker 3: to convert woody biomass waste from the forest. So you
Speaker 3: take out the logs and then you're left with all
Speaker 3: the slash which is quite controversial at the moment and
Speaker 3: in Sweden and the Austrian whatever. And I've been advocating
Speaker 3: here for many years too. We should be using that
Speaker 3: to chip it up and turn.
Speaker 2: It into heat and power. We can turn it into.
Speaker 3: Electricity and it's very viable and it makes good sense
Speaker 3: and it's low carbon.
Speaker 1: But it's an expensive though, Ralph is that where the
Speaker 1: special Economic Zone can come in we can get some
Speaker 1: overseas investors in to invest in things like that.
Speaker 2: That's exactly right.
Speaker 3: I mean, it's been done for heat and power for
Speaker 3: decades in many countries.
Speaker 2: So it's not expensive.
Speaker 3: If you've got the system in place, it can be competitive.
Speaker 3: But if you've got going to sustainable aviation fuels, it's
Speaker 3: a bigger process. It's a refining process, if you like,
Speaker 3: of the woody biomass into liquid biofuels. And that's where
Speaker 3: the Economic zone could attract these investors for sure, which
Speaker 3: of course is what government's got in mind as being
Speaker 3: a good incentive to do so. And so the process
Speaker 3: there or lands That Tech is a company which is involved,
Speaker 3: which was originated in New Zealand some twenty years or
Speaker 3: more ago from a PhD study which was looking at
Speaker 3: bacteria to take emissions from steel mills and turn them
Speaker 3: into ethanol, which is a liquid fuel.
Speaker 2: You can run petrol cars on ethanol.
Speaker 3: And that developed into a company and then that went international.
Speaker 2: They've still got a re search office in Auckland.
Speaker 3: It was New Zealand innovation at its best and they
Speaker 3: are now looking at jet fuels as a subsidiary company
Speaker 3: of Lanthatch and Scion's been looking at producing ethanol from
Speaker 3: woody biomass for decades and it's not easy. I mean,
Speaker 3: when I was producing biodiesel in nineteen seventies, Forest Research
Speaker 3: Institute was looking at ethanol from woodchips and after twenty
Speaker 3: or thirty years they sort of gave up. So it
Speaker 3: is a challenge, but there's more development going on now.
Speaker 3: So this is where this consortium is thinking that ideally
Speaker 3: Marsden Point could be a world leading center for producing
Speaker 3: sustainable aviation fuels. What the volume is that they can
Speaker 3: produce is probably enough for New Zealand, but on a
Speaker 3: global capacity it's a real ch challenge through substitute avgas
Speaker 3: aviation fuel for sustainable aviation fuels, but it's technically possible
Speaker 3: to do and even you can term municipal solid waste
Speaker 3: instead of going into a landfill, you can turn that
Speaker 3: into sustainable.
Speaker 2: Fuels as well.
Speaker 3: So there's great hope, great potential there, but there is
Speaker 3: a challenge a on the chemistry beyond the costs see
Speaker 3: on having a regular supply. Where would all the wood
Speaker 3: chips come from? How do they get to the refinery?
Speaker 3: Coastal shipping might be the answer to that, and rail
Speaker 3: as well that they've got to be delivered there in
Speaker 3: large volumes.
Speaker 2: But it's certainly worth looking at.
Speaker 1: Thanks for joining us, Rolph. The privately owned Marsden Point
Speaker 1: was New Zealand's only fuel refinery until it was decommissioned
Speaker 1: in twenty twenty two to become an import only fuel
Speaker 1: terminal under the name Channel Infrastructure. CEO Rob Buchanan is
Speaker 1: with us now to take us through what the future holds. Rob,
Speaker 1: how much fuel flows through Marsden Point at the moment
Speaker 1: and where does it all go?
Speaker 5: Yeah, so it's around three billion or over three billion
Speaker 5: liters a year of fuel that goes through the Marsten
Speaker 5: Point import terminal system. And just to give you a
Speaker 5: thumbnail sketch of how that works, our customer's earth ships
Speaker 5: at Marsden Point where their product is stored either petrol,
Speaker 5: diesel and jet and a significant number of tanks that
Speaker 5: we've got back three hundred million liters of storage on site.
Speaker 5: Most product is ship down the pipeline to Auckland where
Speaker 5: it is then distributed either to the Auckland and Waycana
Speaker 5: region or in the as a jet direct talk from
Speaker 5: airport and a small amounts are taken off at our
Speaker 5: site to a truckloading facility for distribution into Northland.
Speaker 1: How might Marsden Point adapt towards I suppose a renewable
Speaker 1: energy or sustainability in the future.
Speaker 5: Great question. So there's a couple of things there. I
Speaker 5: think the first for us is, you know, we we
Speaker 5: think that the future for decarbonization of aviation is sustainable
Speaker 5: aviation fuel, which is dropping, which is to say that
Speaker 5: it can flow through our infrastructure today. So as their
Speaker 5: industry transitions from fossil jets to sustainable aviation fuel over
Speaker 5: the next twenty thirty years, you know that product can
Speaker 5: come straight through the Marton Point of Port terminal system
Speaker 5: like it can today. One of the unique features of
Speaker 5: our location and a mast point, and actually it's a
Speaker 5: function in our history is we've got a very large
Speaker 5: land which is consented for at least the next thirty
Speaker 5: five years anyway for fuels manufacture. And so one of
Speaker 5: the significant opportunities that we're exploring is renewable fuels manufacture
Speaker 5: on our site.
Speaker 1: As well and all the infrastructures there for that. Or
Speaker 1: do you need significant investment from government or say elsewhere
Speaker 1: under a special economic zone.
Speaker 5: Say, well, to be clear, we're not looking for investment
Speaker 5: from government, so just to put that one to be head.
Speaker 5: But otherwise the answer is yes to both. So yes,
Speaker 5: there is a significant amount of infrastructure there by virtue
Speaker 5: of a range of decommissioned refinery assets and refined product
Speaker 5: tanks which are available for fuel storage and then the
Speaker 5: pipeline which can ship that product to Auckland or indeed
Speaker 5: the Gend where it can be put into a boat
Speaker 5: and distributed elsewhere. But also there is a significant amount
Speaker 5: of investment that would be required by our partners ultimately
Speaker 5: to bring renewable fuels manufacture to master Point. So one
Speaker 5: of the projects that we're working on with a consortium
Speaker 5: of international investors is indeed repurposing some of the old
Speaker 5: refinery assets for biofuels production.
Speaker 2: And is eart what's the goal with that?
Speaker 1: So when we talk about biofuels, what would that then
Speaker 1: be used for?
Speaker 5: Yeah, so in relation to that particular project, in particular,
Speaker 5: the main areas of focus renewable diesel or an alternative
Speaker 5: to diesel, and obviously sustainable aviation fuel, And just to
Speaker 5: speak to both of those, clearly there is a pathway
Speaker 5: for decarbonization of light transport and EVS and adoption will
Speaker 5: go up and down over time, but ultimately you know
Speaker 5: that pathway is there. I think that the pathway for
Speaker 5: heavy transport. And if you think about tractors on farms
Speaker 5: getting milk from remote locations in New Zealand to manufacturing sites,
Speaker 5: getting our products to export markets and getting them in
Speaker 5: a boat and shipping them overseas, that's where renewable diesel
Speaker 5: is an opportunity to decarbonize that particular part of the
Speaker 5: supply chain. The opportunity and aviation, as I spoke to before,
Speaker 5: is sustainable aviation fuel.
Speaker 1: In terms of sustainable aviation fuel, though, does the whole
Speaker 1: world have to get on board for it to work?
Speaker 5: Well, that's actually great question, and so you know that
Speaker 5: the most important point about sustainable aviation fuel is that
Speaker 5: it's dropping. So where it wouldn't work is if we
Speaker 5: couldn't use that fuel an existing jet turbine technology today.
Speaker 5: So you know the most important thing is that it's dropping.
Speaker 5: You can blend it with jet today and it can
Speaker 5: go straight into the aircraft that any Zealand for example,
Speaker 5: is fly around New Zealand or overseas. And so that
Speaker 5: means that we don't have to wait for technology changes
Speaker 5: at aircraft level, which I think, let's space it would
Speaker 5: take decades. We can actually get into this piece of
Speaker 5: work now, and various countries are taking different or making
Speaker 5: that adoption at different speeds. Certainly Europe is going faster
Speaker 5: than many other places. But actually some of our major
Speaker 5: trading partners in Asia have sustainable aviation fuel targets as well,
Speaker 5: like Japan and Singapore.
Speaker 1: Why isn't it happening you know, tomorrow then? Or does
Speaker 1: it cost a lot of money? I know that the
Speaker 1: recommissioning project was costed out at about four point nine
Speaker 1: billion to seven point three billion. That was if we
Speaker 1: made Marsden Point an oil refinery against say, obviously that's
Speaker 1: a pipe dream, and that's probably are you are you
Speaker 1: confident to say that that's actually never going to happen.
Speaker 5: Yeah, Well, I think the government did a significant piece
Speaker 5: of work on the recommissioning of the refinery and found
Speaker 5: that it was infeasible ultimately, so you know, it was
Speaker 5: permanently decommissioned and our position hasn't changed on that. I
Speaker 5: think on that's the same aviation fuel piece. I probably
Speaker 5: distinguished between the opportunity to manufacture it and New Zealand
Speaker 5: at master point, which we think is a fantastic opportunity,
Speaker 5: and the fact that it can actually be brought into
Speaker 5: New Zealand by a boat today and distribute it through
Speaker 5: our supply chain. But you've landed on one of the
Speaker 5: key issues for adoption. There's nothing cheap about decarbanization. We've
Speaker 5: seen it in the electricity sector in that transition to
Speaker 5: renewal electricity and the impact that that's had on electricity prices,
Speaker 5: and it's the same with us the same aviation fuel.
Speaker 5: It's as that technology gains traction and incredib said scale
Speaker 5: is built around the world in the manufacture of the
Speaker 5: stable aviation fuel. I think the costs can come down,
Speaker 5: but right now it's significantly more expensive than fossil jet today.
Speaker 5: So the impact on is ultimately borne by airlines or
Speaker 5: customers for making that choice around substitution between fossil jets
Speaker 5: and stable aviation field.
Speaker 6: Our investigating the re establishment of marsten Point refinery. Sadly,
Speaker 6: we are left to gather the results of an awful
Speaker 6: decision made over the last two years, and it's driven
Speaker 6: sved by a mixture of wocism, a mixture of naivety,
Speaker 6: and an unwillingness to accept without gas with our fuel,
Speaker 6: the nation will collapse. With New Zealand first in charge
Speaker 6: of such an initiative, our resilience will prosper.
Speaker 1: What's the future look like for Marsden Point, say in
Speaker 1: the next ten years and then twenty years and so forth.
Speaker 5: Yeah, Well, we put out I think, as you know,
Speaker 5: the marsten Point Energy Precinct, which is our vision the
Speaker 5: future of that site, and i'd summarize to you in
Speaker 5: a couple of ways. You know, we see it as
Speaker 5: over the next ten to fifteen years as a massive
Speaker 5: opportunity for energy security for New Zealand. And by that
Speaker 5: I mean we've got the ability to store more fuel,
Speaker 5: We've got the ability to manufacture biofuels at Marsten point
Speaker 5: noting that the feedstock for biofuels is domestic, so we
Speaker 5: aren't subject to the geopolitical risks that come with international shipping.
Speaker 5: And we are also working on some energy firming opportunities
Speaker 5: as well, like peak electricity peaking and the like, and
Speaker 5: so we think it's a real opportunity for an energy
Speaker 5: security play in New for New Zealand in a world
Speaker 5: which is quickly becoming more geopolitically contested. And we think
Speaker 5: it's a massive opportunity for Northland if the Energy Precinct
Speaker 5: is built out as to how we think it could
Speaker 5: be over the next ten to fifteen twenty years. It's
Speaker 5: twenty thousand construction jobs, it's twelve hundred jobs on an
Speaker 5: ongoing basis, it's a quarter of a billion dollars contribution
Speaker 5: to New Zealander GYP. It's a massive opportunity for New
Speaker 5: ZEALANDIC and if you think about some of the industrialization
Speaker 5: that we're seeing around us with manufacturing closing high energy prices,
Speaker 5: we've got the opportunity and to lean into solving a
Speaker 5: couple of those things with the Energy Precinct.
Speaker 1: And in order for all of those things to happen seamlessly.
Speaker 1: Do we need a special Economic zone, Well, I think the.
Speaker 5: SEZ, which the Associate Minister for Energy announced back in
Speaker 5: February as something that government was considering, is I think
Speaker 5: something that would speed up the development of the energy precinct.
Speaker 5: So when we talk to international investors and international capital providers,
Speaker 5: they've got the choice to put their capital and their
Speaker 5: ip and many locations around the world. We think master
Speaker 5: points particularly unique location, but that especially economic zone provides
Speaker 5: that long term government endorsement or this being a place
Speaker 5: for energy security type projects, that international investors can feel
Speaker 5: comfortable and safe about deploying capital into this area and
Speaker 5: recovering that capital and returns which are very long dated.
Speaker 1: And is anything happening at all? Ministers just flocking to
Speaker 1: Marsden Point to have a look around all of a sudden,
Speaker 1: You've had three in the last few weeks.
Speaker 5: Yeah, Look, we've got stuff happening right now. So we're
Speaker 5: in the process of building what will be or converting
Speaker 5: an old quarring tank from the refinery turned to what
Speaker 5: will be New Zealand's equal largest jet tank for one
Speaker 5: of our customers and energy and that tank SIT's next
Speaker 5: to the other largest tank, jet tank in New Zealand,
Speaker 5: and so that's been developed at the moment, it's got
Speaker 5: a number of innovations which will help provide additional product quality,
Speaker 5: which is obviously critically important for a product like jet.
Speaker 5: We've actually commenced construction for a new Bitchamen import terminal
Speaker 5: for one of our new customers, Higgins, and so that's
Speaker 5: going to involve building a new Bitchumen import line onto
Speaker 5: our wool for jetty storage and distribution facility. And noting
Speaker 5: the government's police are our roads at national significance and
Speaker 5: the fact that they're looking at significant investment and roading
Speaker 5: and Auckland at north of Auckland, the next nearest ficul
Speaker 5: An import terminal is in port A Tower Honor, so
Speaker 5: you know it'll be an incredibly important and valuable set
Speaker 5: for the delivery of those things. So no, absolutely, we're
Speaker 5: kind of full flight right now getting on with some
Speaker 5: of these things.
Speaker 1: Thanks for joining us, Rob, Thank you very much. That said,
Speaker 1: for this episode of the Front Page, you can read
Speaker 1: more about today's stories and extensive news coverage at enzidherld
Speaker 1: dot co dot nz. The Front Page is produced by
Speaker 1: Jane Ye and Richard Martin, who is also our editor.
Speaker 1: I'm Chelsea Daniels. Subscribe to the front page on iHeartRadio
Speaker 1: or wherever you get your podcasts, and tune in tomorrow
Speaker 1: for another look behind the headlines.