Fuel stock and shipping updates
MBIE publishes the latest information on fuel stocks and shipping every Monday and Wednesday afternoon.
On this page I tēnei whārangi
Current fuel stocks
Current fuel stock as at 11:59pm Wednesday 3 June (as days' cover).
| Stock | Number of ships | Petrol | Diesel | Jet fuel |
|---|---|---|---|---|
| In-country | 33.6 | 22.4 | 30.2 | |
| On water within EEZ (up to 2 days away) | 7 | 4.9 | 11.6 | 10.8 |
| On water outside EEZ (up to 3 weeks away) | 8 | 19.8 | 15.6 | 12.5 |
| Totals* | 15 | 58.3 | 49.6 | 53.5 |
*Totals may not sum due to rounding.
The fuel supply chain continues to operate smoothly, with fuel flowing into the country as expected.
Overall fuel stocks remain well above minimum requirements and within normal ranges, with regular shipments continuing to arrive as expected.
Fuel importers have provided good confidence through confirmed orders to July, with planned orders extending into September.
Note: the diesel stock data on this page does not include reserves controlled by the Government, the first shipment of which is currently enroute to New Zealand. More details can be found in the Ministers' media release:
First shipment of extra diesel reserve bound for NZ(external link) — Beehive.govt.nz
Fuel stock by type over time
These graphs show movements in fuel stocks since early March.
Stock movements reflect normal shipping patterns and routine variation and are consistent with what we would expect even without the conflict in the Middle East.
In normal supply cycles, large shipments arrive and stocks are steadily used before the next vessels are loaded. This results in a pattern of large increases followed by periods of decline.
Shipping
Fuel companies reported there were 15 fuel ships on the water as at 11:59pm Wednesday 3 June, either within New Zealand’s Exclusive Economic Zone (EEZ) (up to 2 days away) or outside the EEZ (up to 3 weeks away).
On water within EEZ
- Chang Hang Fei Yue
- Chang Hang Kai Tuo
- Esteem Houston
- Hafnia Mikala
- Pacific Sunstone
- PS Sydney
- TP Endurance
On water outside EEZ
- Challenge Prime
- Esteem Endeavor
- Forever Glory
- Gordons Bay
- Maersk Tahiti
- Morning Sparrow
- Oriental Aquamarine
- Shan Hu Zuo
Note: MBIE does not publish ship-level consignment details because fuel importers have told us this is commercially sensitive and provided in confidence. Protecting this confidentiality ensures we continue to get the most detailed system-wide information possible. This allows us to monitor the fuel supply as New Zealanders expect.
Information about this data
MBIE receives twice-weekly updates from fuel importers. This data is cross-checked against shipping information and aggregated to protect commercial confidentiality.
Days’ cover
MBIE calculates days’ cover using minimum stockholding obligation (MSO) demand levels from before the conflict:
- 8.1 million litres of petrol
- 10.7 million litres of diesel
- 4.8 million litres of jet fuel.
The Exclusive Economic Zone (EEZ)
The Exclusive Economic Zone is a boundary that extends 200 nautical miles (370.4 km) off the coast.
On water within EEZ
Fuel is being unloaded from ships, on board ships at berth but not yet unloading, or on ships moving between ports or that have entered the EEZ from international waters.
On water outside EEZ
Fuel on ships that have left their port of origin but not yet entered New Zealand waters.
Disclaimer
MBIE endeavours, to the best of its knowledge and ability, to ensure the data provided and published is accurate. However, as the data is received from external sources, MBIE does not warrant that it is current, accurate or complete. The data may be changed, deleted, added to or otherwise amended at any time as new information becomes available.
MBIE media contact
Email: media@mbie.govt.nz
Data will next be updated on the afternoon of Wednesday 10 June.