Rob Buchanan: Channel Infrastructure CEO on the new predictions of when NZ will hit peak petrol imports
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
There’s been a shift in when New Zealand will hit peak petrol imports.
After initially predicting it will peak around next year, Channel Infrastructure says the early 2030s is now the more likely date.
It comes as the company announced plans for an energy precinct at Marsden Point.
Chief executive Rob Buchanan told Mike Hosking some of the reasons of this shift are reductions in vehicle kilometres travelled and the purchasing of new vehicles.
He says they've also seen a dramatic reduction in EV registrations, now they compete with internal combustion engines.
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