Why officials are 'reasonably confident' of avoiding fuel supply shocks

Officials in New Zealand have expressed reasonable confidence that the country can avoid fuel supply shocks. According to the Ministry of Business, Innovation and Employment's (MBIE) fuel supply chief, New Zealand was in a position of high exposure, yet there are solid grounds for optimism regarding the prevention of any disruption.

The assessment highlights a potentially vulnerable starting point for the nation's energy supply chains. Despite this high exposure, authorities maintain a positive outlook on managing and averting impending fuel crises.