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Speaker 1: As a Marsden Point become the star of the epic

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Speaker 1: Fury Show. A channel infrastructure run it. Of course, newest

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Speaker 1: ideas they restore a bunch of tanks with fuel storage.

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Speaker 1: They've got around three hundred million liters currently in use.

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Speaker 1: There's another three hundred and fifty million leters available for conversion.

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Speaker 1: Robie Canon is the chief executive and he's with us.

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Speaker 1: Rob Morning, Good morning, Mike. You enjoying your time in

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Speaker 1: the Shane Jones Sun.

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Speaker 2: Well, Look, I think our role in all of this

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Speaker 2: is to keep our heads down as much as we

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Speaker 2: can and keep doing the job that we do, which

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Speaker 2: is to provide fuel resident seed for New Dyllan through

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Speaker 2: import terminal services, storage and distribution down our pipeline.

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Speaker 1: As a big picture idea, of the three hundred and

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Speaker 1: fifty million you got, is it worth converting anyway?

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Speaker 2: Yeah? So those tanks, to be clear, we're all cleaned

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Speaker 2: out post conversion from a refinery to an import terminal

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Speaker 2: and they are all ex crude tanks, so they you

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Speaker 2: can't immediately put petrol or jet fuel in them. There

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Speaker 2: are tanks there that you can put digel into much

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Speaker 2: more quickly, which is one of the options that we've

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Speaker 2: been looking at. Our perspective is and actually I think

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Speaker 2: the government's own fuel security investigation found that the best

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Speaker 2: way to build domestic fuel resilience is through increased storage.

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Speaker 2: And obviously we've got a lot of capacity there we

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Speaker 2: can convert if needed.

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Speaker 1: And when you say you would you do it anyway

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Speaker 1: or do you need government help?

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Speaker 2: So to be clear, we've already been increasing our storage.

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Speaker 2: So since conversion to a terminal, we've added one hundred

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Speaker 2: million liters of new fuel storage and we've funded that

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Speaker 2: all ourselves. In terms of any further conversions of those tanks,

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Speaker 2: we would absolutely fund that ourselves. I think the key

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Speaker 2: issue is that we would need a customer for those

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Speaker 2: tanks at the end of it. So we're going to

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Speaker 2: spend the money and do the works to bring a

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Speaker 2: tank into service, we need somebody that wants to put

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Speaker 2: fuel in it.

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Speaker 1: Is there somebody outside the government?

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Speaker 2: Well, I think that that's the discussion that we want

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Speaker 2: to have, right and our perspective. Our role in the

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Speaker 2: supply chain is to provide the storage and do that

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Speaker 2: in a very resilient and safe way, and the fuel

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Speaker 2: companies are the ones that are own the fuel and

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Speaker 2: bring that into New Zealand.

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Speaker 1: Well, timeframe on this, if you got the go ahead

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Speaker 1: right now, timeframes what.

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Speaker 2: We think there's a couple of tanks in particular that

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Speaker 2: have current certificates and are in pretty good condition that

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Speaker 2: could be brought into service in the next two or

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Speaker 2: three months.

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Speaker 1: All right, good on, appreciate your time, Rob you Cannon,

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Speaker 1: who's with cham My big question out of this whole thing,

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Speaker 1: We're not there yet, but we'll ask it eventually, is

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Speaker 1: do you think this is a tipping point moment in

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Speaker 1: which we will make some large, profound decisions, whether personally

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Speaker 1: or as a country, to become more self reliant and

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Speaker 1: less reliant on one governments and two international shipping channels,

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Speaker 1: or if this thing in shortly, will we simply go

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Speaker 1: back to being the way we were previously.

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Speaker 2: For more from the Mic Asking Breakfast, listen live to

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