A good point Winston, if you cannot understand English you do not belong in Parliament. We need to have a fuel security plan in place a.s.a.p. Including use of Gas and Coal. It was criminal that the NZ owned Marsden Pt. refinery was closed down... one of Muldoon's efforts to make us more independent of off shore fuel resources... it employed a lot of people as well as gave us a degree of independence and security.
I would say they all should be born in New Zealand to even have a chance of being a member of Parliament. This law is in force in so many other country's but not NZ.
Oil refined at Marsden Point was imported, it being operational or not has no bearing 'fuel security'. If you want 'fuel security', electrify everything and build out renewables. Until that happens we will be reliant on foreign oil either way.
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before? @@Spiderman1a
Labour didn't close it. It was a private company - it refined overseas oil. Nzers made it uneconomic to refine when they saved a cent or two and bought directly imported fuel from Gull etc. rather than the fuel refined in NZ. If you were not buying fuel from the majors you helped close the refining. Luckily NZ has 100% NZ electricity available to fuel cars.
At least now this matter is being discussed in the NZ Parliament. New Zealand no longer owns a tanker fleet, or many ships for that matter and so even crude would struggle to get to its shores if a conflict erupts. On top of that, its own crude production could keep commercial traffic moving, but it would have no refinery to process into finished fuels. It's an absolute disgrace what has happened to New Zealand.
@@blairmcalister4628 Tamarind Taranaki Ltd - permit operator of the Tui oil field - was placed in receivership and liquidation in December 2019. Its parent company, Tamarind Resources Private Limited (Singapore) went into receivership in March 2020 and into liquidation in April 2020.
oww thats BS he talking with a plume in his mouth eloquite BULL DUST lies are lies no matter how you say it and he sounds like charlie with a broom you know where. Mpetyrolmateshisaori land and Aotearoa land will be given to his petrol mates so he amnd russell can be enormously rich!!!!! ELITE MAORI!!
You are lead to believe people and governments have any power , sorry but NZ is owned by the likes of I M F and WE F. They dictate when to print how much for the generations to pay back plus interest. Woke maori greens and labour are just better puppets for them because people think they are more virtuous while they are the exact opposite.
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
I would expect that the speaker should keep better control to allow responses to be heard not shouted down by primitive mostly irrelevant and rude abusive heckling. This sort of behaviour may be allowable on the marae, the school grounds or in backyards but it is completely out of order in parliament and should be stamped out. These are serious matters being discussed which require rational logical respectful discussions and debate. Peehaps the mops require education in how to behave in parliament.
@Tony_7791 Labour put a stop to any more oil exploration, or drilling for new oil and Gas leases in NZ and made it clear to the world, oil would be stopped in NZ. No Leases no product no government support no Refinery can survive. It was 100% the Labour government behind the closer as it will be 100% the government coalition behind the reopening.
@@Tony_7791 It was built (and expanded) by the tax payers of this country .... and then basically GIVEN to a consortium of petroleum companies in the mid 1980's.
Labour didn't close it. It was a private company - it refined overseas oil. Nzers made it uneconomic to refine when they saved a cent or two and bought directly imported fuel from Gull etc. rather than the fuel refined in NZ. If you were not buying fuel from the majors you helped close the refining. Luckily NZ has 100% NZ electricity available to fuel cars.
The last Govt led by ardern were totally seditious concerning the closure of Marsden Point in my opinion. Also, in my opinion they were working toward the total collapse of food production, farmers, and the transport industry including farmers that rely on fuel to produce and distribute food. As mentioned above their behaviour was against the people of New Zealand. Therefore, what was their agenda and who did they work for? Will these creatures be held accountable for their behaviour by the Govt and Police?
She was eight when the government of the day transferred the ownership...really lol Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
Petrol prices almost doubled after the closure now I have learnt that the road repair bitumen used to come from Marsdon point and now it comes from china and the roads are breaking up with the inferior product.more additional costs to the country.
She was eight when the government of the day transferred the ownership...really lol Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
She was eight when the government of the day transferred the ownership...really lol Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
..to close the refinery is one thing, but to dismantle it without any regard for its possible contribution to our economic stability is a crime. I think it's called sabotage
The last Govt enabled a increase of $100 Billion of debt with very little to show for it. Long may the country remember the distruction that Jacinda amd Chippy Boy created!
@@shadowbanned5164 The hammer is that the mainstream media that is funded by the tax payer is not calling this out. If the Kiwi media are not able to do their job why do we continue to find them?
@@888WulfDog888 It's Monday, Have they started or will we be "Talking" about this in a years time with millions spent but nothing built (PTSD from 6 years of Labour)
@@Allstaris two new nominees for director at channel infrastructure have put forward a proposal for shareholder resolution at the next AGM to set aside 100k for investigation into rebuilding the plant and to holt all decommissioning work and disposal of plant and equipment. There is also a scoping exercise underway by council for an interlocutory injunction on further disposal of assets. So don't be cynical and sit in your chair of defeatism passing judgement on people who understand a little more about what's going on than you do. People are working and not just "talking".
Another 2 week's gone and NO word on the progress. I realize things take time but We MUST remember that this is essential in times of globel or regional crisis, earthquake or war are both highly possible atmo.
We were pretty much in the black when they took over its criminal what they have done to this country and Maori were right there gleefully raking in all that free money
When are all you imbeciles going to get it through your heads that Marsden Point Refinery was a PRIVATE Company. Labour DIDNT close it down… The shareholders did. It will cost trillions to rebuild from the ground up including all the pipe work to Auckland..
@gpsfinancial6988 we are at the end of the world. Everything we import, amd export, is done so using fossil fuels. Including electric cars. EVs may make you feel good while you drive your short commute in the city, but without fossil fuels NZ will grind to a halt. Get your head out of your ass
It's astonishing that Labour closed Marsden point. NZ needs jet fuel, needs diesel and petrol. You can't put wokeness in your fuel tank... it won't get anyone anywhere
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said. The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
She was eight when the government of the day transferred the ownership...really lol Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
really lol Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
This is another (and serious) failure of the worst NZ government in living history. Their legacy will have a negative effect on Kiwis for many years to come, I have no intention to return to the sinking ship even though I care for the future of the country of my birth. Roading engineering is another casualty of this woke mob many of whom will, if they haven't already, scuttle off into anonymity before they are held to account, Ms Adern, Mr Bloomfield.
Great speech from Shane Jones what a waste this refinery was one of the worlds top refinery's gutted and sabotaged most parts were sent overseas and are currently still being used across the other side of the planet
Very wrong there my friend. They had to have the agreement of govt to make that decision or they would have closed it twenty or more years ago. I have been on site employed by NZRC for 35 years and am very well aware of this information.
yes i spoke to a woman who was up there protesting and she confirmed it.they also removed a vital part of machinery ,worth 10s of millions and shipped it over seas
Thats complete rubbish, and considering the high maintenance required throughout ,it does not matter.IT was past its use by date. The biggest cry babies are the men and woman who were paid way too much for what they did and didnt do up there.
These refinery closures were not limited to just here, they happened all round the globe ... all round the same time and the reasons given were all largely similar ... not profitable to operate. Judging by the many billions of dollars of profit the fuel companies declare each year, it makes you wonder ?? But they didn't just moth-ball these refineries, they purposely disabled or dismantled them ... akin to the Aussies and Poms literally blowing up their coal fired power stations so they could never be recommissioned in an emergency. At best thats gross negligence ... at worst a act of treason. At the end of the day its all about fuel security .... if (when?) there is a war or some other catastrophic event.... this country will grind to a halt in 21 days or less. Thats scary, especially when you take into account we EXPORT crude oil .... and I don't think afew windmills will defend the country or stock supermarket shelves.
Shane Jones, I hope you do bring it back. I could never understand why it was shut down. Absolutely ludicrous P brain thinking by labour and the greens help us
She was eight when the government of the day transferred the ownership...really lol Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Why pay world oil prices? We have our own crude oil supply's being thieved by foreign companies and we import poor quality product. This doesn't support any community's in NZ, time to change from insane to sane policy
If only people knew just how much oil and gas reserves NZ is sitting on....more than 44 Billion barrels of know crude, and at least 150 years of natural gas...
@@blairmcalister4628 🤫 We know, Drill, Drill, Drill. Don't mention Gold, Iron ore, and Cleanest Quality Coal. I'm a Ex Greenie( Sorry NZ). I realized that the green party and movement had no idea how their policy's are and will affect Humanity and that they don't care, then the carbon tax scam was the last straw that broke my "utopian idea" . It is clear to see that New Zealanders are being gaslit, by Who? Many different organizations that make plenty of cash off this scam and control over the population. Thanks NZ First for standing up for Kiwi's and New Zealand.
@@blairmcalister4628 The one to watch is Antarctica. We have "Rights" to a piece that is a literally a mineral mine. China is moving in for "Research" and I'm confident that in my lifetime Antarctica will change from a neutral scientific research and wildlife reserve into the next wild west. We need to start taking about this now before behind closed doors an agreement is made and we will only find out when it's too late.
@@blairmcalister4628 My comments disappeared 😡. I'll try again, FYT. 🤫 We know about the oil and gas. Drill, Drill, Drill. Don't mention Gold, Iron ore and Cleanest Quality Coal.
I hope Mr Jones is correct in sorting out Marsden point .how will we pay for it. After all it does belong to nz . As it was all payed fore by us under Muldoon think big projects of the 1970s. And the last labour lot closed it down.
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? I don't care who's running the country to be honest but at least let the facts be known of what occured here.. :-)
Adern was eight when the government of the day transferred the ownership...really lol Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
It's never coming back as it was would have to be a far more modern setup. There were reasons why it shut down. It could only refine a certain type of crude making it pretty inefficient compared to refineries overseas
@@yota8325 That was a lie you have brought into, Marsden pt refined 134,000 barrels a day at full production and was a viable refinery, the reason they set it up to refine Saudi sour was for the bitumen which we used to build and repair our roads, you need heavy sour crude to make good bitumen. It was capable of refining new Zealand sweet light at a reduced capacity but would have been enough to keep food production, emergency services and essential public transport running in a crisis. What you have done is fallen for a disrespectful lie against our forefathers who thought out exactly what they were doing for future generations. And you've brought into stinking thinking sold to you by leftists traitors who have been actively sabotaging this nation in acts of warfare. We are now exposed and vulnerable to supply line cut off with no way out quite largely because most of the populace of this cointry has very low IQ and believes all kinds of propaganda.
Look what happened over the summer break (correct me here please. Just before or after Christmas). The av gas contamination fiasco. That was imported fuel. Again correct me here please. I don't recall any fuel contamination when marsden point was refining over the years. What happens when tankers can't get here for what ever reason to deliver already refined fuels?! Also, if these greenies wants Taranaki gas stopped, what happens then?! It's not just businesses rhat suffer, it's also ALL hospitals in nz that suffer that rely gas for operations and other various things.
Closing the refinery was a disastrous decision, and left NZ highly vulnerable in the event of refined fuel not arriving from international shipping. Moreover there seems to be issues either imported fuel not meeting our standards causing damage to vehicles.
Up to 120,000t of bitumin to seal the roads came from Marsden Point refinery. Now imported $$$. If you try "rationing" it, you'll have poorly sealed roads... No refinery = no backup. Next it will be a lack of backup power...
Don't stop at Fuel Security. Why did they compensate the Muslims in chch, wouldn't have been compensated any when else in the world and if anyone should pay it should be aussie not us...
How about facts too..Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers. Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut. Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity. New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”. The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”. The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution. Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned. “There is no part of the former refinery that can be restarted,” a spokesperson said. “While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.” So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is? Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
We need the refinery we need the ferry back up and running in the cook straight we need more affordable housing we need cheaper food.These are more important than new four lane highways.
Let's never forget nz when gas and oil were found all nzers were to partake in the find...and then the games commenced Sir Hugh Fletcher became the owner until he sold it to the big boys and kiwis never got diddle squat. As for the closure of the refinery I would opine it wasn't shallow thinking but a deliberate act as it was in Australia we are now completely dependent on Singapore for our refined fuel including jet fuel. Not the lucky country thanks to politicians and their compliance or skulduggery.
Didn't hear him speak up about marsden point when labour were in power. He was able to speak up and tell the country what they thought were their birth rights is not the case and they need to get used to it. And they should go get a jab. Wake up people these politician are all on the same side
The nz tax payer financed much of marsden point over many years - and in one act of lunacy by labour, they have undone all the previous work. Labour has placed NZ with much of the pacific nations in being totally reliant on imports…
Except the fact is "Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Critics of the closure expressed concern it could reduce New Zealand’s fuel security, but that risk was played down by the former government, which argued the country was already reliant on crude oil imports." Shane Jones is bullshitting again.
Where was New Zealand First over the last 3 -5 years leading up to the CLOSURE of MARSDEN POINT OIL REFINERY? Why aren't they Talking with me with regards to my Campaign to BUY BACK CONTROL of MARSDEN POINT via the General Public Shareholder's which is Now Over 52.5% ???
Crimes act: 79Sabotage (1) Every one is liable to imprisonment for a term not exceeding 10 years who, with intent to prejudice the safety, security, or defence of New Zealand or the safety or security of the armed forces of any other country, lawfully present in New Zealand,- (a) impairs the efficiency or impedes the working of any ship, vehicle, aircraft, arms, munitions, equipment, machinery, apparatus, or atomic or nuclear plant; or (b) damages or destroys any property which it is necessary to keep intact for the safety or health of the public.
Well said Shane , one only has to remember back to the pipeline being cut at Ruakaka a few years back and the fuel chaos that caused . A disruption to our fuel supply would bring the country to its knees in days . In addition to that , Marsden point apparently could bring crappy below spec tar up to spec . Judging by the state of recently resealed roads the current product used should be trademarked as Easypeel ! I’m all for cleaner , greener , more efficient energy but even a toddler would tell you that you need to have alternatives in place ,before you can replace the existing options . That is unless of course you are hell bent on bringing the country to its knees .
Totally Agree Shane and Winston. Rob Muldoon was a forward thinker and he had this refinery built to ensure we never had carless days again. It has to be reopened and those responsible for its closure have to be removed from their positions.
love how everyone is saying that the oil refinery was NZ owned and it was the labour gov who scrapped it. But it was actually owned by overseas oil companies and the gov put billions of dollars into it, just like the aluminum smelter that is owned by overseas companies and it was their choice to close it because they can make more selling individual barrels of gas rather than crude oil some of you need to start thinking for once
They didn't care about the loss of jobs etc ,and all these big business owners from overseas who own our businesses here in NZ are shutting down jobs that people needed in nz
The Marsden Point Refinery's Gas to Gasoline (MTG - Exon/Mobil Methanol to Gasoline) plant was the first production-scale synthetic fuel plant in the world. While dropping oil prices hastened its demise, there's an arguable case that it should have been maintained to provide the fuel resilience which Shane Jones is rightly championing.
.So many jobs lost .So many homes were shattered in broken families . All for what ! To be reopened will be music to my ears wongamunger lol fantastic but remember the families that were shattered during this time ..
A good point Winston, if you cannot understand English you do not belong in Parliament. We need to have a fuel security plan in place a.s.a.p. Including use of Gas and Coal. It was criminal that the NZ owned Marsden Pt. refinery was closed down... one of Muldoon's efforts to make us more independent of off shore fuel resources... it employed a lot of people as well as gave us a degree of independence and security.
I would say they all should be born in New Zealand to even have a chance of being a member of Parliament.
This law is in force in so many other country's but not NZ.
Absolutely 💯💯💯%@@Ricky-nq7lu
Oil refined at Marsden Point was imported, it being operational or not has no bearing 'fuel security'. If you want 'fuel security', electrify everything and build out renewables. Until that happens we will be reliant on foreign oil either way.
Did you buy a BEV so that you can use 100% NZ produced energy?
@@robupsidedownwhat green muppet u r😅 lol
Those responsible ought to held Accountable for shutting down Marsden Point
They were holding NZ to ransom to subsidize their operating costs. No, they deserved to be shut down.
That would be the main share holders Z, BP, Mobil etc. Its a common practice by business if it can be done cheaper by someone else outsource it.
Outsource your reply
@@BamBam-uf4yi because of the labour party's excise tax on oil that drove them to other countries
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
@@Spiderman1a
Thank you Shane Jones for your sensible determination. Marsden point should never have been shut down in the first place.
I couldnt believe it when they closed it down I thought that was an insane decision.
Labour didn't close it. It was a private company - it refined overseas oil. Nzers made it uneconomic to refine when they saved a cent or two and bought directly imported fuel from Gull etc. rather than the fuel refined in NZ. If you were not buying fuel from the majors you helped close the refining. Luckily NZ has 100% NZ electricity available to fuel cars.
At least now this matter is being discussed in the NZ Parliament. New Zealand no longer owns a tanker fleet, or many ships for that matter and so even crude would struggle to get to its shores if a conflict erupts. On top of that, its own crude production could keep commercial traffic moving, but it would have no refinery to process into finished fuels. It's an absolute disgrace what has happened to New Zealand.
Tui 1 is now capped thanks to Labour, and that was pumping 50,000 barrels a day...plenty to keep NZ transport/trucking/etc on the roads....
Economic sabotage!
Totally agree!
@@blairmcalister4628 Tamarind Taranaki Ltd - permit operator of the Tui oil field - was placed in receivership and liquidation in December 2019.
Its parent company, Tamarind Resources Private Limited (Singapore) went into receivership in March 2020 and into liquidation in April 2020.
So the TPM can dance and yell in parliament, but Shane Jones isn't allowed to speak with flair?
I love the Jones style...lol
oww thats BS he talking with a plume in his mouth eloquite BULL DUST lies are lies no matter how you say it and he sounds like charlie with a broom you know where. Mpetyrolmateshisaori land and Aotearoa land will be given to his petrol mates so he amnd russell can be enormously rich!!!!! ELITE MAORI!!
Use are all idiots following the biggest idiot can't wait to see use get back what use put out yah 🤡
@@tonywood3660 Sarcasm is the lowest form of wit? Go 'f' yourself.
Yeah. But he does tend to go on a bit. No need to take the piss.
That last Red-Green government was the worst performing we’ve ever had in this country’s history. That’s quite an achievement.
The best part is when they took over power from the previous National government the country was in the black now we are over 100 Billion in the red
You are lead to believe people and governments have any power , sorry but NZ is owned by the likes of I M F and WE F. They dictate when to print how much for the generations to pay back plus interest. Woke maori greens and labour are just better puppets for them because people think they are more virtuous while they are the exact opposite.
The children in the house need to shut up and listen. They will learn something.
None so deaf as those who do not want to hear.
They haven't graduated from their nappies yet
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
It's really crazy how this place sounds like a school grounds
I would expect that the speaker should keep better control to allow responses to be heard not shouted down by primitive mostly irrelevant and rude abusive heckling.
This sort of behaviour may be allowable on the marae, the school grounds or in backyards but it is completely out of order in parliament and should be stamped out. These are serious matters being discussed which require rational logical respectful discussions and debate.
Peehaps the mops require education in how to behave in parliament.
The Party maori are worse than children with their jibes and oafish behaviour....woeful and disgraceful.
Labours closure of Marsden was insanity for kiwis and New Zealand
Labour didnt close it, it was privately owned by the oil companies. Atleast get your facts right
@Tony_7791 Labour put a stop to any more oil exploration, or drilling for new oil and Gas leases in NZ and made it clear to the world, oil would be stopped in NZ. No Leases no product no government support no Refinery can survive. It was 100% the Labour government behind the closer as it will be 100% the government coalition behind the reopening.
But thats not whats been discussed here, Marsden Point was privately owned.Labour didnt close it. The owners closed it.@@gazdubai
@@Tony_7791 It was built (and expanded) by the tax payers of this country .... and then basically GIVEN to a consortium of petroleum companies in the mid 1980's.
@@chrisfin1921 none the less, it wasn't shut down by labour. Why spin it.. Is not true, just like Winstons nazi comment
That Decision was a act of Treason & those responsible should face the Consequences.
Sabotage
Labour didn't close it. It was a private company - it refined overseas oil. Nzers made it uneconomic to refine when they saved a cent or two and bought directly imported fuel from Gull etc. rather than the fuel refined in NZ. If you were not buying fuel from the majors you helped close the refining. Luckily NZ has 100% NZ electricity available to fuel cars.
The last Govt led by ardern were totally seditious concerning the closure of Marsden Point in my opinion. Also, in my opinion they were working toward the total collapse of food production, farmers, and the transport industry including farmers that rely on fuel to produce and distribute food. As mentioned above their behaviour was against the people of New Zealand. Therefore, what was their agenda and who did they work for? Will these creatures be held accountable for their behaviour by the Govt and Police?
Conduct a private prosecution
She was eight when the government of the day transferred the ownership...really lol
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
Jabcinda and her cohort were working against NZ for the communist stye WEF takeover.
Get your facts right
@@watzup22 I am surrounded by idiots
Petrol prices almost doubled after the closure now I have learnt that the road repair bitumen used to come from Marsdon point and now it comes from china and the roads are breaking up with the inferior product.more additional costs to the country.
Poetry to my ears Shane, good on you and may you continue
The horse is going to cost this country for years and years to come.
The horse has plenty of other idiot friends in the wrong places..
I take it you are referring to the person who became a multi millionaire, 'proud socialist' in a few short years?
She was eight when the government of the day transferred the ownership...really lol
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
When President Trump returns petrol will be as cheep as water, but why oh why did the single source of truth put cement in our oil refinery pipes ?
Owned by second chance..👏
De fund the Labour party and ask Cindy for our money back.
She was eight when the government of the day transferred the ownership...really lol
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
..to close the refinery is one thing, but to dismantle it without any regard for its possible contribution to our economic stability is a crime. I think it's called sabotage
The last Govt enabled a increase of $100 Billion of debt with very little to show for it. Long may the country remember the distruction that Jacinda amd Chippy Boy created!
Correct and when they took power the country was pretty much debt free...Now we are fairly well fucked financially because of Ardern.
@@shadowbanned5164 The hammer is that the mainstream media that is funded by the tax payer is not calling this out. If the Kiwi media are not able to do their job why do we continue to find them?
@@shadowbanned5164 everything is still Jacindagrating.
Did you know potholes are now forming in our roads due to low grade bitumen having to be bought from overseas?
Land of the Leaky Shockabsorber.
Now get started rebuilding the refinery, We don't have the luxury of 5 years of RMA, Reports and impact statements.
Start on Monday!!!!
The consents were all renewed in 2021. It's good for another 30years plus. They literally can start putting it back together tomorrow
@@888WulfDog888 It's Monday, Have they started or will we be "Talking" about this in a years time with millions spent but nothing built (PTSD from 6 years of Labour)
@@Allstaris two new nominees for director at channel infrastructure have put forward a proposal for shareholder resolution at the next AGM to set aside 100k for investigation into rebuilding the plant and to holt all decommissioning work and disposal of plant and equipment.
There is also a scoping exercise underway by council for an interlocutory injunction on further disposal of assets.
So don't be cynical and sit in your chair of defeatism passing judgement on people who understand a little more about what's going on than you do.
People are working and not just "talking".
@@Allstaris there's action happening.
Another 2 week's gone and NO word on the progress. I realize things take time but We MUST remember that this is essential in times of globel or regional crisis, earthquake or war are both highly possible atmo.
FIVE BILLION country debt to ONE HUNDRED AND FIVE BILLION in six years! Why isnt wvery Labour / Green question answered with this as the pre answer?
We were pretty much in the black when they took over its criminal what they have done to this country and Maori were right there gleefully raking in all that free money
Yep in any conflict the shipping lanes close and we self implode.
..or a hostile warship. Same result.
When are all you imbeciles going to get it through your heads that Marsden Point Refinery was a PRIVATE Company. Labour DIDNT close it down… The shareholders did. It will cost trillions
to rebuild from the ground up including all the pipe work to Auckland..
Always was the case. The refinery refined imported oil. Luckily we produce 100% NZ electricity - did you buy a BEV yet?
@gpsfinancial6988 we are at the end of the world. Everything we import, amd export, is done so using fossil fuels. Including electric cars. EVs may make you feel good while you drive your short commute in the city, but without fossil fuels NZ will grind to a halt. Get your head out of your ass
It's astonishing that Labour closed Marsden point. NZ needs jet fuel, needs diesel and petrol. You can't put wokeness in your fuel tank... it won't get anyone anywhere
Labour served klaus, the wef and blackrock... ardern sold nz out
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Thank
Woods minister of energy under Ardern govt for that catastrophic shallow decision.
She was eight when the government of the day transferred the ownership...really lol
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
really lol
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
THANKS AGAIN WINSTON PETERS..YOU SPEAK OUT..BECAUSE WHAT YOU SAY IS TRUTH..❤❤❤❤
This is another (and serious) failure of the worst NZ government in living history. Their legacy will have a negative effect on Kiwis for many years to come, I have no intention to return to the sinking ship even though I care for the future of the country of my birth. Roading engineering is another casualty of this woke mob many of whom will, if they haven't already, scuttle off into anonymity before they are held to account, Ms Adern, Mr Bloomfield.
Dont forget key started this shit
I luv Shane Jones, he's awesome
Keep NZ First and Act very safe as they will save our woke country. It's crazy that NZ has become so PC over the years it's bs
Great speech from Shane Jones what a waste this refinery was one of the worlds top refinery's gutted and sabotaged most parts were sent overseas and are currently still being used across the other side of the planet
Should be the Last labour quasi government.
Disband labour
dont be AN FWIT.....it was a private company whose board closed it down
@@sirpat22 You are the FWIT Ralph was talking about the Labour government not a private company. What private company are you talking about?
Very wrong there my friend. They had to have the agreement of govt to make that decision or they would have closed it twenty or more years ago. I have been on site employed by NZRC for 35 years and am very well aware of this information.
@@ErrolDonaldson So it was a decision of the Ardern government?
Go New Zealand First, Go for New Zealand and the people
Well said Winston
I heard Marsden Point pipes have been filled with concrete so that nobody can re-open Marsden Point.
yes i spoke to a woman who was up there protesting and she confirmed it.they also removed a vital part of machinery ,worth 10s of millions and shipped it over seas
So we make new pipes
and all essential electrics pulled out.
@@neillewis785let me guess, to chyna ?
Thats complete rubbish, and considering the high maintenance required throughout ,it does not matter.IT was past its use by date. The biggest cry babies are the men and woman who were paid way too much for what they did and didnt do up there.
Another wine box inquiry to see who got hand outs for closing it .Some one needs to be held accountable for putting NZ at risk 😅
Yes, SHE does!
The speaker needs to control the animals in the house.
Never should of been shut down yet another from Labour and the greens
Good point Winston.
Good points Jones.
18-21 days.
Reckless disregard would describe the Labor Government's tenure in a number of considerations
Well done,it should not have been done,some politicians listened to overseas unelected people one was Ardern.
Spend the money and get it working again. There will come a time sooner or later that we need it functioning. Put the road tax to good use.
Labour needs to pay for there stupidity
Megan Woods wasted up to $32million,planned survey,on Lake Onslow,and could have also saved The Refinery. SHE WAS USELESS.DISGRACEFULL !
Great response!!@
Make sure this is restored at any costs
These refinery closures were not limited to just here, they happened all round the globe ... all round the same time and the reasons given were all largely similar ... not profitable to operate. Judging by the many billions of dollars of profit the fuel companies declare each year, it makes you wonder ?? But they didn't just moth-ball these refineries, they purposely disabled or dismantled them ... akin to the Aussies and Poms literally blowing up their coal fired power stations so they could never be recommissioned in an emergency. At best thats gross negligence ... at worst a act of treason.
At the end of the day its all about fuel security .... if (when?) there is a war or some other catastrophic event.... this country will grind to a halt in 21 days or less. Thats scary, especially when you take into account we EXPORT crude oil .... and I don't think afew windmills will defend the country or stock supermarket shelves.
Right on Share 👍
Shane Jones, I hope you do bring it back. I could never understand why it was shut down. Absolutely ludicrous P brain thinking by labour and the greens help us
Your spot on Shane Jones. They dismantled it and made damn sure it couldn't open again.
Buggar all strategic supply of fuel.
Love it!
THANKS SHANE JONES..YOUR SO IMPORTANT TO THIS..BEAUTIFULL NZ..❤❤❤❤
Repair bill needs to be sent to ardern
She was eight when the government of the day transferred the ownership...really lol
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
It was a private company. My guess is you helped close it - or did you always buy NZ refined fuel instead of the cheaper stuff?
Apparently, Labor also had the pipes blocked up so future governments couldn't reopen it.
They should be tried and jailed for such a criminal act.
Why pay world oil prices? We have our own crude oil supply's being thieved by foreign companies and we import poor quality product.
This doesn't support any community's in NZ, time to change from insane to sane policy
If only people knew just how much oil and gas reserves NZ is sitting on....more than 44 Billion barrels of know crude, and at least 150 years of natural gas...
@@blairmcalister4628 🤫 We know, Drill, Drill, Drill.
Don't mention Gold, Iron ore, and Cleanest Quality Coal.
I'm a Ex Greenie( Sorry NZ).
I realized that the green party and movement had no idea how their policy's are and will affect Humanity and that they don't care, then the carbon tax scam was the last straw that broke my "utopian idea" .
It is clear to see that New Zealanders are being gaslit, by Who? Many different organizations that make plenty of cash off this scam and control over the population.
Thanks NZ First for standing up for Kiwi's and New Zealand.
@@blairmcalister4628 The one to watch is Antarctica.
We have "Rights" to a piece that is a literally a mineral mine. China is moving in for "Research" and I'm confident that in my lifetime Antarctica will change from a neutral scientific research and wildlife reserve into the next wild west.
We need to start taking about this now before behind closed doors an agreement is made and we will only find out when it's too late.
@@blairmcalister4628 My comments disappeared 😡. I'll try again, FYT.
🤫 We know about the oil and gas.
Drill, Drill, Drill.
Don't mention Gold, Iron ore and Cleanest Quality Coal.
Looks like YT doesn't like the truth about the C-lie-mate and the "Green" Sc*m
Shane Jones is a Force to be admired!!!🥸🥸🥸🥸🥸🥸🥸🥸
I hope Mr Jones is correct in sorting out Marsden point .how will we pay for it. After all it does belong to nz . As it was all payed fore by us under Muldoon think big projects of the 1970s. And the last labour lot closed it down.
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned?? I don't care who's running the country to be honest but at least let the facts be known of what occured here.. :-)
Adern was eight when the government of the day transferred the ownership...really lol
Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
It's never coming back as it was would have to be a far more modern setup. There were reasons why it shut down. It could only refine a certain type of crude making it pretty inefficient compared to refineries overseas
New Zealand consumes 8 billion liters of petrol and diesel every year, money isn't a problem because the turn over is there.
@@yota8325 That was a lie you have brought into, Marsden pt refined 134,000 barrels a day at full production and was a viable refinery, the reason they set it up to refine Saudi sour was for the bitumen which we used to build and repair our roads, you need heavy sour crude to make good bitumen.
It was capable of refining new Zealand sweet light at a reduced capacity but would have been enough to keep food production, emergency services and essential public transport running in a crisis.
What you have done is fallen for a disrespectful lie against our forefathers who thought out exactly what they were doing for future generations.
And you've brought into stinking thinking sold to you by leftists traitors who have been actively sabotaging this nation in acts of warfare.
We are now exposed and vulnerable to supply line cut off with no way out quite largely because most of the populace of this cointry has very low IQ and believes all kinds of propaganda.
Well done Shane
Way to go Shane! I love your style of rhetoric! Speaks common sense for business too. 👍
Thank you Sean for speaking the truth. Marsden point needs to be re established.
Look what happened over the summer break (correct me here please. Just before or after Christmas). The av gas contamination fiasco. That was imported fuel. Again correct me here please. I don't recall any fuel contamination when marsden point was refining over the years. What happens when tankers can't get here for what ever reason to deliver already refined fuels?! Also, if these greenies wants Taranaki gas stopped, what happens then?! It's not just businesses rhat suffer, it's also ALL hospitals in nz that suffer that rely gas for operations and other various things.
Closing the refinery was a disastrous decision, and left NZ highly vulnerable in the event of refined fuel not arriving from international shipping. Moreover there seems to be issues either imported fuel not meeting our standards causing damage to vehicles.
No Need to worry mate Electric Vehicles are here to save the day - NOT
It always refined imported oil, so it makes no difference. Buy a BEV if you want fuel security.
Up to 120,000t of bitumin to seal the roads came from Marsden Point refinery. Now imported $$$. If you try "rationing" it, you'll have poorly sealed roads...
No refinery = no backup. Next it will be a lack of backup power...
Get it reopened Mr Coalition Government. We need continuity of supply.
NZ has always had FA oil buffer. The best energy security is NZ produced electricity.
That was a great speech. I could listen to more of that, saying it like it is!
Wonderfully answered by Winston and Shane ...Lets take NewZealand forward...Ignore the kindergarten crap from the other side ..
You go Shane Jones
Good on you………about time!
Yes yes yes it should be rebuilt should have never been closed down I’m all for it to be rebuilt
Got a spare million if I start a go fund me?
Well said Shane, well said
That’s the one, if we can fuel our trucks we can’t feed our people, it’s a no brainer!!
Don't stop at Fuel Security. Why did they compensate the Muslims in chch, wouldn't have been compensated any when else in the world and if anyone should pay it should be aussie not us...
Well done Shane and Winston
Great job Shane Jones..
At last some sense
How about facts too..Following the deregulation of the petroleum industry by the Fourth Labour Government in 1988, the refinery's assets were transferred to the New Zealand Refining Company Limited (known as Refining NZ), which was a consortium of the five major petrol retailers.
Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year. That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel. Marsden Point operation will no longer process crude oil, and all of the country's fuel and petrol supplies will be imported from Asia.The number of employees at the site is expected to drop from 300 to 60 over the next couple of years, with hundreds of contracting jobs also likely to be cut.
Speaking to shareholders at a meeting in Auckland today, Refining NZ Chief executive Naomi James said there was no reason to believe the move would make the country more vulnerable to fuel insecurity.
New Zealand could source fuel from a range of refineries in a range of countries, she said.
The owner of the decommissioned Marsden Point oil refinery has scotched the suggestion it could be reopened, saying it believed that would cost “billions of dollars”.
The coalition agreement between the National Party and NZ First commits the Government to investigating the reopening of the refinery, as well as to commissioning a study into the country’s fuel security and establishing “a fuel security plan”.
The latter would be designed to ensure key transport services, including emergency services, could continue operating in the event of disruption to fuel imports or domestic distribution.
Channel Infrastructure, the NZX-listed firm that once operated the refinery, indicated that getting it back online was a non-starter, as it had been fully decommissioned.
“There is no part of the former refinery that can be restarted,” a spokesperson said.
“While we haven’t undertaken formal costings, we would expect the cost to recommence refinery operations would be in the order of billions of dollars and take a number of years.”
So is a private business is free to operate their business,without government interference, or are people suggesting private companies must operate, even at a loss, as directed by whoever the current governments is?
Labour did not shut it down, nor did the government own it...research not rhetoric, facts don't lie..... at least tell the truth about why it was shut down and what's involved to reinstate it, and....who's going to pay...the taxpayer! Why didn't National or Winston ,when minister of finance in a National government, not buy it back, or legislate to prevent it's closure, if they were so concerned??
Protest to the fuel companies that chose profit over independance perhaps, the government has no business interfering with private company descisions...? Has that been done before?
Love you NZ First
Why can we always hear Chloe Swabrick mouthing off in every comity meeting she attendas?
We need the refinery we need the ferry back up and running in the cook straight we need more affordable housing we need cheaper food.These are more important than new four lane highways.
Let's never forget nz when gas and oil were found all nzers were to partake in the find...and then the games commenced Sir Hugh Fletcher became the owner until he sold it to the big boys and kiwis never got diddle squat. As for the closure of the refinery I would opine it wasn't shallow thinking but a deliberate act as it was in Australia we are now completely dependent on Singapore for our refined fuel including jet fuel. Not the lucky country thanks to politicians and their compliance or skulduggery.
Didn't hear him speak up about marsden point when labour were in power. He was able to speak up and tell the country what they thought were their birth rights is not the case and they need to get used to it. And they should go get a jab. Wake up people these politician are all on the same side
Because they nzfirst werent in govt they got the boot in 2020 einstein it was decomssioned in 2022
The nz tax payer financed much of marsden point over many years - and in one act of lunacy by labour, they have undone all the previous work. Labour has placed NZ with much of the pacific nations in being totally reliant on imports…
yes , the last government and i use that term loosely, made many shocking decisions ... that was one of them.
Except the fact is "Channel Infrastructure, then called Refining NZ, closed the refinery with the loss of 240 jobs in April last year.
That was in keeping with the wishes of its fuel-company shareholders, which argued it would be more cost-effective for them to switch to importing pre-refined fuels, such as petrol and diesel.
Critics of the closure expressed concern it could reduce New Zealand’s fuel security, but that risk was played down by the former government, which argued the country was already reliant on crude oil imports." Shane Jones is bullshitting again.
Agree,Shame Jones is bull shitting.......Marsden Point was sold in 1988 by the Government of the day.
Where was New Zealand First over the last 3 -5 years leading up to the CLOSURE of MARSDEN POINT OIL REFINERY? Why aren't they Talking with me with regards to my Campaign to BUY BACK CONTROL of MARSDEN POINT via the General Public Shareholder's which is Now Over 52.5% ???
Is he going to talk to the private company that owns Marsden point
Shane Jones is baffling people with bullshit
I have to agree with him.
Good point
Crimes act:
79Sabotage
(1)
Every one is liable to imprisonment for a term not exceeding 10 years who, with intent to prejudice the safety, security, or defence of New Zealand or the safety or security of the armed forces of any other country, lawfully present in New Zealand,-
(a)
impairs the efficiency or impedes the working of any ship, vehicle, aircraft, arms, munitions, equipment, machinery, apparatus, or atomic or nuclear plant; or
(b)
damages or destroys any property which it is necessary to keep intact for the safety or health of the public.
cant believe we pay these people to carry on like this
Criminals closing down Marsden Point.
Shane is right
Love this bloke.....
Well said Shane , one only has to remember back to the pipeline being cut at Ruakaka a few years back and the fuel chaos that caused . A disruption to our fuel supply would bring the country to its knees in days . In addition to that , Marsden point apparently could bring crappy below spec tar up to spec . Judging by the state of recently resealed roads the current product used should be trademarked as Easypeel !
I’m all for cleaner , greener , more efficient energy but even a toddler would tell you that you need to have alternatives in place ,before you can replace the existing options . That is unless of course you are hell bent on bringing the country to its knees .
I call it a act of treason
Totally Agree Shane and Winston. Rob Muldoon was a forward thinker and he had this refinery built to ensure we never had carless days again. It has to be reopened and those responsible for its closure have to be removed from their positions.
Get it going again, fund it with the money being wasted on phony treaty claims.
#HearHearMrSpeaker
The speaker needs to identify the MP hecklers and stop them interupting.
Shane Jones doesn't know what he is talking about
love how everyone is saying that the oil refinery was NZ owned and it was the labour gov who scrapped it.
But it was actually owned by overseas oil companies and the gov put billions of dollars into it, just like the aluminum smelter that is owned by overseas companies
and it was their choice to close it because they can make more selling individual barrels of gas rather than crude oil
some of you need to start thinking for once
The labour party should be held to account what they have done to new Zealand
Good to know the reopening will be priority thanks be to new reliable govt
They didn't care about the loss of jobs etc ,and all these big business owners from overseas who own our businesses here in NZ are shutting down jobs that people needed in nz
The Marsden Point Refinery's Gas to Gasoline (MTG - Exon/Mobil Methanol to Gasoline) plant was the first production-scale synthetic fuel plant in the world. While dropping oil prices hastened its demise, there's an arguable case that it should have been maintained to provide the fuel resilience which Shane Jones is rightly championing.
.So many jobs lost .So many homes were shattered in broken families . All for what !
To be reopened will be music to my ears wongamunger lol fantastic but remember the families that were shattered during this time ..
“…..the nation will collapse”. Mission accomplished.
Jacinda ...we are well rid....you tried..but we are on the way up now!!!