Costco reveals petrol prices after opening first station in west Auckland

Costco has revealed its petrol prices at its brand new petrol station in west Auckland. 

The station, which opened on Wednesday morning, is across the road from the company's unfinished warehouse - which will be opening in late August. 

The US giant is selling 91 for $2.50 per litre, 95 for $2.60 per litre and diesel for $2.10 per litre.

At a nearby PaknSave petrol station, 91 is available for $2.69, 95 for $2.85 and diesel for $2.29.

At another nearby petrol station, Mobil on Don Buck road, 91 is up for grabs for $2.73 and 95 for $2.91. Additionally, Challenge Massey had 91 for $2.66 and 95 for $3.06. 

The average price for 91 in New Zealand on Wednesday was $2.655, while 95 is $2.82 and diesel is $2.37, according to Gaspy. 

The top five cheapest stations for 91 in the country are GOfuel Tauranga Bridge Marina in the Bay of Plenty at $2.40, followed by Gull Atiamuri in Waikato, Pak'nSave Dunedin, Gull Pokeno and McFarlane's Tyre Service in Otago at $2.47 per litre. 

To use Costco fuel Kiwis must buy a membership that costs $60 for personal use and $55 for businesses. 

People can register for a card at Costco's temporary admin office at Westgate. 

Costco NZ managing director Patrick Noone says the new petrol station is a huge step closer to bringing Kiwis affordable retail, and creating competition in the market.

It comes after the Government slashed 25 cents per litre off fuel tax and halved public transport costs for three months after prices spiked in response to the Ukraine invasion and COVID-19 supply chain issues.