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"We've covered off excess risk": Diesel-users should have confidence in Z Energy deal, Shane Jones says

Author
Newstalk ZB,
Publish Date
Wed, 29 Apr 2026, 8:12am
Photo / Michael Cunningham | File
Photo / Michael Cunningham | File

"We've covered off excess risk": Diesel-users should have confidence in Z Energy deal, Shane Jones says

Author
Newstalk ZB,
Publish Date
Wed, 29 Apr 2026, 8:12am

The Associate Energy Minister says an extra diesel stock is a buffer against worsening conditions. 

The Government's inked a deal with Z Energy for another 90 million litres of diesel to be stored at Marsden Point. 

It's put up $21.6 million this month. 

Shane Jones told Mike Hosking the deal provides a buffer in the event of a logistical problem or a clog in the supply lines. 

He says it could come to pass that things will normalise in a much quicker way than the average “armchair critic” believes, but diesel-using Kiwis can feel assured this decision hasn't been made recklessly. 

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