Production
The refinery uses a medium-sour blend of crude oil, nearly all of which is imported. Most crude oil produced in New Zealand is light-sweet and is exported to refineries in Australia. Marsden Point produces 70 per cent of New Zealand's refined oil needs, with the rest being imported from Singapore, Australia and South Korea.
Read more about this topic: Marsden Point Oil Refinery
Famous quotes containing the word production:
“I really know nothing more criminal, more mean, and more ridiculous than lying. It is the production either of malice, cowardice, or vanity; and generally misses of its aim in every one of these views; for lies are always detected, sooner or later.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“The development of civilization and industry in general has always shown itself so active in the destruction of forests that everything that has been done for their conservation and production is completely insignificant in comparison.”
—Karl Marx (1818–1883)
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (1872–1933)