Podcasts Other The Mike Hosking Breakfast Lindis Jones: Z Energy Chief Executive on the Government's fuel profit data

Lindis Jones: Z Energy Chief Executive on the Government's fuel profit data

Published: Oct. 18, 2023, 7:30 p.m.

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Z Energy\'s Chief Executive is raising concerns over government monitoring of fuel profits. \\xa0

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The Ministry of Business and Innovation releases weekly data that shows the margin retained on a litre of petrol.\\xa0

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It shows on regular 91, the margin made by fuel importers has risen from 33 cents to 52.4 cents a litre in the past three weeks. \\xa0

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But Lindis Jones told Mike Hosking that it\'s not reflective of the margins they\'re seeing.\\xa0

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He contends that in a ballpark figure, the margins are roughly half those quoted in the data.\\xa0

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