Mobil Oil wins 5-year contract to supply fuel to KiwiRail

Nov. 7 (BusinessDesk) – Mobil Oil New Zealand has won a five-year contract to supply bulk fuel to state-owned KiwiRail.

Under the arrangement it is expected to supply between $435 million and $495 million of diesel and associated services over the five-year period, the Wellington-based railroad said in a statement. Actual fuel supplied will depend on volumes used and fuel price movements, it said.

The contract can be extended for another five years.

(BusinessDesk)

QUOTES

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.