Search and Filter Through Our Comprehensive Database of Ongoing Crude Oil Refinery Plant Projects and Tenders in New Zealand
Identify and track all the ongoing (work-in-progress) crude oil refinery plant projects, tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in New Zealand.
New Zealand Crude Oil Refinery Plant Industry Analysis
New Zealand is a significant player in the oil and gas industry, with a number of refinery projects currently underway or planned for the future.
One of the major ongoing projects is the Marsden Point Refinery Upgrade, which is being carried out by the New Zealand company Refining NZ at its refinery in Marsden Point. The project involves the installation of new units and the upgrade of existing units to improve the efficiency and flexibility of the refinery. The project is expected to be completed in 2024.
In terms of industry outlook, the demand for petroleum products is expected to remain strong in New Zealand in the coming years, driven by economic growth and the increasing use of transportation fuels. However, the industry is facing challenges such as declining oil reserves, rising competition from renewable energy sources, and increasing regulatory pressure to reduce emissions.
Overall, the refinery industry in New Zealand is expected to continue to play a significant role in the country's economy, but it will likely face a number of challenges in the coming years.
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