Brief: Channel Infrastructure NZ Says Terminal And Pipeline Throughputs In Q1 Was 810 Mln Litres

Channel Infrastructure NZ

12/04/2023 21:40

April 13 (Reuters) - Channel Infrastructure NZ Ltd
 CHI.NZ :
    * TERMINAL AND PIPELINE THROUGHPUTS IN Q1 2023 WAS 810
MILLION
LITRES AND CONTINUES TO BE DRIVEN BY AVIATION DEMAND RECOVERY
    * IS NOW IN FINAL STAGES OF PERMANENT DECOMMISSIONING OF
REFINING
PLANT WHICH WILL BE COMPLETED IN Q2 2023
    * CONVERSION COSTS CONTINUE TO TRACK TO BUDGET, WITH NZ$145
MILLION SPENT ON PROJECT TO MARCH 31, AMONG OTHERS
    * UPDATED AND LOWER TRANSMISSION COSTS FROM 1 APRIL 2023
HAVE NOW
BEEN CONFIRMED AND ARE IN LINE WITH ASSUMPTIONS
    * FURTHER 45 MILLION LITRES OF JET PRIVATE STORAGE IS
EXPECTED TO
BE COMMISSIONED DURING Q3 OF 2023
    * 55 MILLION LITRES OF PRIVATE STORAGE CAPACITY COMMISSIONED
AND
IS NOW AVAILABLE AT MARSDEN POINT

Further company coverage:  CHI.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))