where does new zealand get its petrol from
Oil and gas industry in New Zealand In 2015, New Zealand's self-sufficiency in oil (mmbls production divided by consumption) was 30%, i.e. the country imports over two thirds its petroleum product needs (though actual imports are higher, as some of the local product is also exported).[1] In 2015, 97 petajoules of crude were produced in New Zealand, 242 PJ of petroleum products imported (most of it crude), and 261 PJ consumed. The difference is exported or used for international travel (aviation fuel and similar).[1]
Goods and Services Tax (New Zealand) Since its introduction it has had two increases, on 1 July 1989 the rate increased to 12.5%[4] and on 1 October 2010 it increased again to 15%,[2] to pay for income tax cuts by the National Government.