Government Confirms Fuel Response Plan
New Zealand businesses can be reassured that fuel supplies remain healthy, with more than 40 days of stock currently available. However, global market conditions mean fuel prices are expected to stay elevated. While supply is stable, understanding the Government’s planning framework and preparing for potential impacts is essential for businesses across all sectors.
No Fuel Shortage — But Prices Are Likely to Stay High
The Government has confirmed that New Zealand has sufficient fuel stocks and deliveries are continuing normally. The challenge for businesses is cost rather than availability. High global prices are expected to persist, and organisations should plan accordingly.
At this time, it’s critical that businesses feed information about any operational impacts through to the Government. Please share these with our Head of Advocacy and Strategy, Tait Dench.
The Government’s 4‑Phase Fuel Response Plan
The Government has outlined a four-phase framework to manage fuel supply in the event of worsening conditions. New Zealand is currently in Phase 1, but proactive planning is underway. Whether or not the Government takes an aggressive or more passive approach to moving between phases is yet to be confirmed - but their triggers for moving between phases is highlighted below.
NOTE: The Government has confirmed it can phase differently by fuel type (i.e. petrol could remain in phase 1, but diesel could move to phase two)
Phase 1 – Current Phase
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Phase 2
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Phase 3
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Phase 4 – Emergency Controls
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What Could Trigger a Phase Change?
Phase changes are not automatic. Ministers consider the full picture, including:
- Dramatic changes in fuel stock levels
- Overseas export restrictions
- Distribution disruptions
- Signals from fuel companies about tightening supply
- Regional developments, including Australian impacts for NZ supply
- Intelligence from fuel users and businesses.
What This Means for Businesses
Supply is currently stable, but high fuel prices are likely to persist. Each business should assess its own circumstances and consider steps to manage costs and maintain operational continuity. Staying informed and prepared is key.
Staying Informed and Next Steps
Business Canterbury will continue to provide updates as the situation evolves.
- Middle East Trade & Business Updates page for our Members
- Upcoming Webinar – Preparing Early - Impacts of the Middle East Conflict, 31 March, register here
This session will unpack practical implications and steps businesses can take now to navigate the current environment.
Broader Supply Chain Pressures
The Government is also monitoring other critical goods, including fertiliser, plastics, and key industrial inputs. Rising shipping costs and material prices are already affecting sectors, and Business Canterbury is actively engaging with the Government to advocate on behalf of members.
While New Zealand businesses are not facing a fuel shortage, high prices and broader supply chain pressures make proactive planning essential. Staying informed, participating in advocacy, and engaging with expert guidance are the best ways to safeguard operations during this period of global uncertainty.
