Auckland jet fuel assets seen as Channel Infrastructure target
Fuel terminal operator has highlighted ‘synergistic consolidation opportunities’.
In May the Government approved regulations requiring increased jet fuel storage in Auckland.
The prime candidate for potential acquisitions highlighted by NZX-listed Channel Infrastructure is jet fuel storage serving airlines at Auckland Airport, says an analyst.
Announcing its half-year results last week, the Marsden Point fuel terminal operator said it was “highly focused on synergistic
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