The Cook Islands Ministry of Finance and Economic Management has advised households and businesses that fuel deliveries are continuing as scheduled and there is no need to stockpile. However, global diesel and jet fuel prices have risen sharply because refinery disruptions and export constraints have reduced supplies of refined products, with diesel shortages expected to persist through 2027. Crude oil reached about USD 105 a barrel at the end of September, nearly 50% higher than a year earlier, while diesel and jet fuel prices increased by more than 100% and 90%, respectively. The pressures reflect damage and disruption affecting the Strait of Hormuz and Russian refineries, reduced exports from Russia and China, and limited spare refining capacity elsewhere. Higher diesel costs could increase electricity and freight expenses in the Cook Islands, while higher jet fuel costs may feed into airfares and affect visitor numbers. The Energy Response Technical Working Group is monitoring fuel stocks in Rarotonga and the Pa Enua each week under a Prepare status. The government has funded Rarotonga’s free bus service for another two months and made the Temporary Household Support Payment to eligible recipients in September. Households are being asked to reduce fuel and peak electricity use, while fuel dependent businesses and Pa Enua communities should plan for elevated costs and future supply needs.
Cook Islands Ministry of Finance and Economic Management advises against stockpiling as diesel prices are expected to remain high through 2027
The Cook Islands Ministry of Finance and Economic Management said fuel deliveries remain on schedule and urged consumers not to stockpile. Diesel prices have more than doubled from a year earlier and shortages are expected to persist through 2027 because of global refinery and export disruptions. The government is monitoring stocks weekly and supporting households through free buses and temporary payments.