Shell NZ to bid for Mobil aviation business

Shell New Zealand has applied for competition clearance to buy Mobil Oil New Zealand's General Aviation (GA) Aerostop business.

Shell and Mobil have drawn up a conditional contract for the sale of the GA network's unattended refuelling facilities at 34 points throughout the country.

The facilities supply aviation jet fuel and aviation gasoline (Avgas) to light aircraft and helicopter users.

The Commerce Commission said the proposed deal would not cover Mobil's entire aviation business. Other segments of the aviation fuels market were wide-body domestic and international carriers, domestic or special carriers and the military.