David Keat: Energy Security Expert on the deal with Singapore to protect fuel supplies during economic shocks

An energy expert says having Singapore's fuel won't do a great deal for supply or price. A signed agreement between the two countries will see Singapore provide us with refined fuel in return for New Zealand food exports during economic shocks. During Christopher Luxon's visit this week, the two countries also pledged to not impose export restrictions on each other. David Keat told Mike Hosking this won't do anything for price because the cost on the day we activate it will likely be high. He says in terms of availability, the refineries will deliver what they're contracted to supply under any circumstances, and if they can't, the Government can't change that. LISTEN ABOVE

You can listen to David Keat: Energy Security Expert on the deal with Singapore to protect fuel supplies during economic shocks online on Radio and Podcast. Open the player on this page to stream the available audio.

David Keat: Energy Security Expert on the deal with Singapore to protect fuel supplies during economic shocks is an episode from The Mike Hosking Breakfast by NZME.

This episode is 2:34 long.

This episode was published on May 4, 2026.

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