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Kupe great news for domestic gas consumers

Kupe great news for domestic gas consumers

The development of the Kupe gasfield means domestic consumers can be assured of plentiful supplies of gas for the foreseeable future, Michael Cummings, the Chairman of the Gas Association said.

“Between Pohokura, Kupe and the recent Turangi-1 development we will now have reserves of around 1000PJ of gas coming to market, which is around a quarter of the Maui reserves at its peak.

“This coupled with the withdrawal of some large petrochemical plants will mean the reticulated gas market can continue to rely on indigenous fuels for many years,” he noted.

“Three-quarters of new home owners in new North Island subdivisions are choosing natural gas for space and water heating and for cooking.

“The development of Kupe is great news all round,” he said.


Ends…

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