Provision of Onshore Petroleum Reserves for the New Zealand Government
Tender ID: 560906
Tender Details
Tender Description
Please find the Request for Tender (RFT) for holding petroleum reserves on behalf of the New Zealand Government in New Zealand (onshore). This is the same process that was run for onshore petroleum reserves tenders in January 2024.
The volume being tendered for is up to 500,000 tonnes for one or more quarters in the period between 1st October 2024 and 30th September 2025 (although longer contracts will be considered).
The onshore petroleum reserves tender will be run concurrently with a tender to hold petroleum reserves for the New Zealand Government offshore and tender responses will be required, as set out in the RFT, by 17:00 UCT 26th July 2024.
This tender is entirely separate from the minimum fuel stockholding obligation pursuant to the Fuel Industry (Improving Fuel Resilience) Amendment Act 2023. To be clear, any petroleum reserves contracted through this tender cannot be used towards a company’s minimum stockholding obligation under the Fuel Industry (Improving Fuel Resilience) Amendment Act 2023 when that obligation comes into force on 1 January 2025.
If your company has not previously completed the registration process but wishes to participate in this tender, please refer to ID 28450086 to obtain the registration documents.
If there are any questions, please email oilsecurity@mbie.govt.nz (copy ian@envisory.co.nz) or telephone Callum Skinner on +64 21 859 695.
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