Air New Zealand wants a new fuel depot in Auckland to help solve capacity problems and alleviate the risk of running out of fuel in the event of a fire.
It is concerned what would happen to the aviation industry and the economy if anything happened to Marsden Point refinery or the Wiri storage depot.
A submission by the airline to a review of oil security recommended that the Government consider abandoning its membership of the International Energy Agency, which costs $10 million per year.
The airline said that money should go to building another fuel depot in west Auckland for gasoline and petrol.
Air NZ said Marsden Point's storage and pipelines ability to operate independently of the refinery would be critical if the refinery was hit by fire or a tsunami.