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


Kupe Gas Project Commences Commissioning

Kupe Gas Project Commences Commissioning

SYDNEY, Dec. 4 /Medianet International-AsiaNet/ --

ASX/Media Release

Origin Energy New Zealand ('Origin'), on behalf of the Kupe Joint Venture, has announced that commissioning of the Kupe facilities has commenced with the wells being opened and the first gas and liquids being piped ashore to the gas processing plant at Hawera.

Commenting on the project, Origin's Executive General Manager, Major Development Projects, Mr Andrew Stock said, ``The complex offshore and onshore Kupe production system is now being bedded down through a commissioning period. We expect that full steady state production will be achieved in the next couple of months.

``Everyone who has worked to deliver Kupe during the past three and a half years has done so, paying particular attention to their own and their workmates safety, as well as the environment, resulting in a project with an outstanding safety record.

``As one of New Zealand's largest projects in recent years, Kupe has drawn on a wide range of industry, community and government resources, from Taranaki and Picton regions in particular and beyond, across the rest of New Zealand. We sincerely thank them for their support.’’

Origin's Executive General Manager of Upstream Oil and Gas, Mr Paul Zealand, said once Kupe was fully operational it would make a significant contribution for the next 15-20 years to New Zealand's gas supply needs, initially providing 10-15 per cent of the nation's annual gas demand when at peak production.

``Once fully commissioned, Kupe is also expected to produce up to 90,000 tonnes per annum of LPG – more than 50 per cent of the country's demand - and it will significantly reduce the need to import LPG to meet New Zealand's needs,’’ Mr Zealand said.

Over the life of the project Kupe is expected to provide approximately 254 petajoules of natural gas, 1.1 million tonnes of LPG and 14.7 million barrels of light crude.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Tegel: Chicken Prices On The Rise But It’s Still The Favourite Protein For Kiwi Families

A combination of domestic and international factors is forcing New Zealand’s largest poultry supplier Tegel to raise its prices from July. The roughly 10% price rise is a result of ongoing cost pressures on the industry, including increases in labour... More>>

Hospitality NZ: Hospitality Wages Jump 9% To Pass Living Wage
Wages and salaries across the hospitality sector continue to increase despite businesses having to battle through some of the toughest trading periods in living memory... More>>

Climate Leaders Coalition: Launches New Statement Of Ambition, Appoints New CEO Convenor

The Climate Leaders Coalition is tonight officially launching a new Statement of Ambition to accelerate business action on climate change... More>>

MYOB: New Data Shows Increase In SMEs Experiencing Stress And Anxiety

The lingering impacts of the COVID-19 pandemic have led to a surge in the number of local SME owners and operators experiencing stress and anxiety, according to new research from business management platform, MYOB... More>>

Carbonz: Cashing In On Carbon: The New Marketplace Helping Native Forest To Thrive

The country’s first voluntary carbon credit marketplace, Carbonz, is here to restore native biodiversity and help Aotearoa reach its carbon zero goals by selling the first carbon credits exclusively from native forest... More>>
Entrust District: Dividend Will Be Welcomed After Another Tough Year
We’ve all heard of the saying; “if it sounds too good to be true, it probably is” but for Aucklanders within the Entrust District, getting their share of Entrust’s 2022 annual dividend payment really is as good as it sounds... More>>