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Home»New Zealand»Maybe some good news at the pump as fuel companies merge
New Zealand

Maybe some good news at the pump as fuel companies merge

Colin Ambler/cvnznews.comBy Colin Ambler/cvnznews.comMay 8, 2026No Comments2 Mins Read
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By Colin Ambler/cvnznews.com

Kiwi motorists just got a rare win at the pump. The Commerce Commission has officially approved the merger of NPD and Gull — the two brands consistently rated by New Zealanders as the fairest and most competitive fuel providers. The decision clears the way for a new, majority Kiwi‑owned national fuel group designed with one purpose in mind: keeping prices down for consumers from Invercargill to Kaitaia.

For drivers feeling the squeeze of rising living costs, the timing couldn’t be better. The combined company will operate 240 self‑serve sites, maintaining both the NPD and Gull brands while expanding access to low‑cost fuel across the country.

The Commission’s investigation found the merger won’t reduce competition — in fact, it may do the opposite. With the majors still dominating the market, a stronger independent challenger with national scale is expected to increase competitive pressure, not weaken it.

Commerce Commission Chair Dr John Small said the merged entity will continue to face strong competition from both the big fuel companies and other independents, meaning it won’t be able to hike prices or reduce service quality.

For everyday drivers, the benefits are clear:

  • More low‑cost sites nationwide
  • Stronger competition pushing prices down
  • Improved supply resilience, reducing the risk of regional price spikes
  • A Kiwi‑owned majority player with a track record of fair pricing

NPD Chief Executive Barry Sheridan — who will lead the new group — says the merger strengthens the ability to keep fuel affordable when every cent counts. “Gull and NPD joining together will make our ability to support lower fuel prices in NZ even stronger,” he says.

The combined business will leverage Gull’s Mt Maunganui import terminal and NPD’s fleet of fuel trucks, creating a more efficient supply chain that should translate into sharper prices at the pump.

Gull CEO Dan Gilbert says both companies share the same DNA: turning up in a town and instantly forcing prices down.

Drivers know the pattern — a Gull or NPD site opens, and suddenly the majors drop their prices too. Now, with national scale, that effect is expected to reach more communities than ever.

With household budgets under pressure, this merger lands as a rare piece of good news. Two trusted independents combining forces means more choice, more competition, and more downward pressure on fuel prices.

For Kiwi motorists, that’s a win worth celebrating.

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Colin Ambler/cvnznews.com

Colin Ambler returned to New Zealand in 2025 after working as a journalist for Christian Media in the United Kingdom

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