New Zealand has unveiled further details of its four-phase plan to combat “major” disruptions to its fuel supply in the face of the Iran war, as the cost of petrol continues to wreak havoc across Australia – and the rest of the world.
“Ensuring New Zealand has the fuel we need to protect jobs, livelihoods and the wider economy is our first priority in managing the impact of global fuel disruption,” Finance Minister Nicola Willis announced today.
“The plan is designed to keep fuel flowing where it matters most, relying on market settings wherever possible, and only stepping in further if supply is genuinely at risk.”
It comes as petrol stations in Australia’s major cities have started to impose restrictions on fuel, as the supply issue spreads to metropolitan areas ahead of the Easter holidays.
A shell-branded service station in Sydney’s Northern Beaches has advised customers at the bowser it had to enforce a 50 litre limit on all vehicles.
It also banned the use of jerry cans and external tanks, which some greedy motorists have been seen stocking up on in recent days.
Regional and rural towns were first impacted by the lack of supply, but it appears the issue is spreading to the cities, despite the federal government insisting rationing is not needed.
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