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Gull gained resource consent to build a 24-hour, unmanned petrol station in Wainui Road last September. Chief operating officer Ulrik Olsen says the company hopes to begin earthworks at the site this month. He says it generally takes around three months from there until the station opens.
Gull’s lower price model is expected to impact on prices at the pump elsewhere on the Hibiscus Coast, and Mr Olsen says this “Gull effect” will remain unchanged despite a planned takeover of Gull NZ by Caltex Australia.
Caltex Australia is a separate company from Caltex NZ (which is now owned by Z Energy) and Mr Olsen says any sale will keep the Gull brand, including lower prices, exactly as it is.
The sale of Gull to Caltex Australia is currently before the Overseas Investment Office for approval.
