Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Maui Gas Field: Nov 2002 Gas Supply Constraint


27 August 2002

Maui Gas Field: November 2002 Gas Supply Constraint

Maui Development Limited (MDL) today advised that a program of inspection and maintenance on the Maui gas field infrastructure will be undertaken in November 2002. This program will require phased, partial shutdown of facilities throughout that month. As a result, gas deliverability will be less than the maximum provided for under normal field operations.

The Chairman of MDL, Dr. Lloyd Taylor said that, at this stage, it is estimated that 75-90% of maximum deliverability will be available throughout most of the month.

"However, this prognosis is subject to satisfactory progress in well work-over activity, and reservoir performance in the next two months. Based on current planning, the most critical period of the program willbe 16-22 November, when the Maui B production platform will be isolated due to the requirement to replace the emergency shutdown valve in the pipeline connecting to Maui A and to the shore. During this period, available gas deliverability might be further constrained. However, MDL is working to mitigate this risk.

"MDL is working closely with the Crown and major gas users to co-ordinate maintenance activity so that the effects of reduced gas supply will be minimised. We have timed the program of inspection and maintenance to a period when gas demand has dropped below winter peaks. Residential, and most industrial and commercial gas users will not be impacted by the constrained November deliverability, as supply should be more than sufficient for these customers.

"However, the electricity sector may be required to co-ordinate its generating capacity, to minimise the impact of reduced gas availability in thermal power generation. With Maui well into the third and final decade of its productive life, the impacts of field depletion and increased facilities maintenance, place a premium on energy industry co-operation, to ensure that the inherent energy supply chain risks are identified and managed in advance," Dr Taylor said.

In late October, MDL will provide a further update of plans and the status of November gas availability from the Maui field.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news