Supplier log in
NZ Fuel Market Resilience - Fuel Reserves Agreement
Details
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Tender Closed
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| RFx ID : | 34381418 |
| Tender Name : | NZ Fuel Market Resilience - Fuel Reserves Agreement |
| Reference # : | |
| Open Date : | Friday, 26 June 2026 9:00 AM (Pacific/Auckland UTC+12:00) |
| Close Date : | Friday, 26 June 2026 9:00 AM (Pacific/Auckland UTC+12:00) |
| Tender Type : | Award Notice (AN) |
| Tender Coverage : | Sole Agency [?] |
| Categories : |
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| Regions: |
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| Exemption Reason : | 1. Emergency |
| Required Pre-qualifications : | None |
| Contact : |
Rafi Baboe rafi.baboe@mbie.govt.nz |
| Agency Address : | NEW ZEALAND |
Agency details: MBIE
Successful supplier: Z Energy Limited, NZBN 9429040935874
Description of procurement: Z will import approximately 550,000 barrels of diesel into New Zealand for storage at Marsden Point, held at the Crown’s direction. Ownership remains with Z.
A pricing mechanism linked to international diesel benchmarks applies to the arrangement
Contract award date: 6 May 2026
Contract term: 6 May 2026 to 31 January 2027
Contract value / evaluation range: $55,000,000
Procurement process: Closed tender to five New Zealand suppliers under emergency procurement for time
Opt-out / exemption justification: Exemption under rule 12 – emergency procurement
Additional information: This was undertaken as emergency procurement to deliver a strategic reserve during the 2026 Fuel Response. The contract provides for approximately 550,000 barrels of oil to be imported to New Zealand to be used at the direction of the Crown.
The process was a closed competitive process to qualified New Zealand importers
This tender has been awarded to:
- Z Energy Limited - 3, Queens Wharf, Wellington Central, Wellington, 6011, NEW ZEALAND
Award Date: Wednesday, 6 May 2026 (Pacific/Auckland UTC+12:00)
Date RFx was completed/updated: Friday, 26 June 2026 1:50 PM (Pacific/Auckland UTC+12:00)
