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Simon Parham: Waitomo Group CEO on the fuel regulations that could be relaxed to help mitigate the fuel crisis

Simon Parham: Waitomo Group CEO on the fuel regulations that could be relaxed to help mitigate the fuel crisis

Early Edition with Ryan Bridge · Newstalk ZB

March 19, 20262m 48s

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Show Notes

Allowing less pure fuel into the country could shore up supply.  

Finance Minister Nicola Willis has asked fuel importers what specifications could be relaxed to make it easier for them to get more in.  

Waitomo Group Chief Executive Simon Parham says there could be a relaxing of the rules to allow more sulphur content in our diesel.  

He told Ryan Bridge that we only allow fuel with less than 10 parts per million sulphur content. 

Parham says the US allows 15 parts per million and Australia has relaxed to 50 parts per million.  

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Topics

fuel pricesfuel costssimon parhamwaitomo groupwaitomofuelmiddle eastern conflictMiddle East conflict