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New Zealand considers storing fuel in Singapore, Malaysia

Summary by The Independent
NEW ZEALAND: New Zealand is looking at storing fuel in other countries, including Singapore, with which it signed a landmark food and fuel pact earlier this week. An AFP report quotes Resources Minister Shane Jones as saying on Friday (May 8) that the country is also considering Malaysia and South Korea for overseas fuel storage in the event that New Zealand creates a physical sovereign reserve.  In 2022, the country’s only oil refinery at Marsd…
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The Independent broke the news in Singapore on Saturday, May 9, 2026.
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