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Channel Infrastructure Secures NZ Government Diesel Storage Contract at Marsden Point
6:54am on Monday 20th of April, 2026 AEST
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Energy
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Channel Infrastructure Secures NZ Government Diesel Storage Contract at Marsden Point
6:54am on Monday 20th of April, 2026 AEST
Key Points
Government contracts 93 million litres diesel storage until end-2027
Storage capacity to be operational by 31 May 2026, accelerating supply resilience
Contract expected to generate around $1.2 million monthly revenue
Upgrade funded within existing debt facility, avoiding major capital outlay
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