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:
“[T]he asphaltum contains an exactly requisite amount of sulphides for production of rubber tires. This brown material also contains “ichthyol,” a medicinal preparation used externally, in Webster’s clarifying phrase, “as an alterant and discutient.””
—State of Utah, U.S. public relief program (1935-1943)
“... if the production of any commodity necessitates the sacrifice of human life, society should do without that commodity, but it can not do without that life.”
—Emma Goldman (1869–1940)
“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)