Gull is building a 10 million litre fuel tank at its Mount Maunganui storage facility operated by Terminals Limited (TNZ).
TNZ is a member of the Gull group of companies and this expansion represents a major investment for them.
It brings TNZ's total storage capacity to 88 million litres – the equivalent of about 35 Olympic swimming pools.
Gull New Zealand general manager Dave Bodger says the new tank will make the company's Mount Maunganui fuel storage facility among the largest in New Zealand.
'The Whangarei refinery will have significant storage, but this build puts us within 15 per cent of the capacity of the oil giant's terminals in South Auckland.”
Dave says construction is due to start in January 2012 employing about 15 skilled workers.
Gull has previously worked with Tauranga firm Page Macrae Engineering and this business is again the tender winner.
'Investing in key assets, such as this new tank, gives Gull efficiencies over our opposition which in the main work with much smaller facilities and so duplicate costs all around the country.
'Modern, economic, state of the art storage enables Gull to keep pump prices low and discount even further when we can, and we're currently the only ones who consistently give Kiwi motorists that choice.”
Dave says investment in infrastructure of this size is also a vote of faith in the Port of Tauranga.
'Mount Maunganui offers a central location for fuel distribution and Gull's investment is a vote for in favour of the future of the New Zealand service station industry.
'While major oil companies are constantly evaluating their presence in this market, Gull views both New Zealand and Tauranga as a stable and reliable market to invest in.”
6 comments
competition?
Posted on 07-12-2011 18:31 | By Capt_Kaveman
WHERE yes gull may have the lowest prices and we were told it was dif fuel just to see other opposition companys going in there to fill up
Dear Kaveman
Posted on 08-12-2011 00:22 | By jcgkiwi
You seem to have many posts which are mostly hot air with little or no research. All the bulk fuel is the same. Yes other companies may fill from bulk storage, but the additives used differ from company to company!
jcgkiwi
Posted on 08-12-2011 10:42 | By Capt_Kaveman
dont joke with me that just puts you in the same boat as the ones that pull the wool Gull stated that when it came here it was dif fuel coming from Indonesia and better quality now we see a dif light, Research to me is a word to uncover what people are hiding and what are you hiding ? i dont like attacks when most of what i say are facts when people like you cant come up with the answers that mant of us ask but you rather spread insult instead
Here's a fact Capt!
Posted on 08-12-2011 12:19 | By kiwiwayno
Heres a fact for you Kaveman - and it comes from 15 years in the industry. The fuel is the same and the specs have always been regulated by government. JCGKIWI is absolutely correct in the only difference is the additive. Industry has always held joint storage arrangements and this is largely controlled by the coastal shipping company of which all the oil companies own a stake in.
goes to show
Posted on 08-12-2011 16:10 | By Capt_Kaveman
that when gull came here they told us porkies then huh as i was to believe the tanks next to gull where theres but remember these are oil companys and are shafting the world into poverty and i guess you disagree with that to
Hmm
Posted on 09-12-2011 16:18 | By kiwiwayno
I'm out of the game now Capt but I have a simple bit of advice for you. If you dont like the Oil Companies - take a bike or walk. What happens here in NZ re price is totally beyond the control of the companies here. Margins are very slim and returns are pathetic. Rather than moaning about what Gull havent done or how they havent met your expectations, frankly they should be applauded for making the investment. If it were your money I guarantee you wouldnt be happy with the returns.
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