(EnergyAsia, December 23 2011, Friday) — Gull New Zealand has announced that it is adding a new 10-million-litre fuel tank to its Mount Maunganui storage terminal on the country’s North Island.

Construction by Page Macrae Engineering will start next month and will boost the terminal’s capacity to 88 million litres when completed later in 2012. Gull did not reveal the cost of the investment.

The facility is being managed and operated by Gull’s subsidiary, Terminals Limited (TNZ).