March 4 (Reuters) - Oil major BP said it entered intoa joint partnership with New Zealand Refining Co Ltd and Z Energy to procure and process crude oil throughNew Zealand's only refinery, according to a report on Voxy'swebsite.
BP and Z Energy, the refinery's two largest customers,currently import their own cargoes of crude when required, whichmeans the refinery has to manage production independently, andoften not at optimum levels, the report said.
"The refinery is a key energy infrastructure asset and thispartnership will enable it to operate more efficiently andcompetitively," the website quoted Matt Elliott, BP New ZealandManaging Director.