Pipeline leak cost Refining NZ $14.3mDAN MCGRATH/STUFF A Northland Regional Council investigation found the leak was not the fault of Refining NZ or the company that monitors the pipeline First Gas. Refining NZ chief executive Sjoerd Post released the total cost of the pipeline leak in an announcement to the NZX on Monday. READ MORE:* Evidence falls short for prosecution over refinery pipeline leak* Fuel pipeline cut 'outside our control', says Air NZInsurance covered $2.9m of the losses. DAN MCGRATH/STUFF Refining NZ Sjoerd Post says the September pipeline leak cost the company more than $14 million. SUPPLIED Refining NZ fuel pipeline between Marsden Point and Auckland was ruptured in September.

Source: Stuff April 23, 2018 02:48 UTC