Contact, Genesis to seek NZ LNG approvals

NEW Zealand gas and power companies Contact Energy and Genesis Energy are about to seek resource consents to build a liquefied natural gas import terminal at Port Taranaki.
Contact, Genesis to seek NZ LNG approvals
Contact, Genesis to seek NZ LNG approvals
Contact, Genesis to seek NZ LNG approvals
Contact, Genesis to seek NZ LNG approvals
Contact, Genesis to seek NZ LNG approvals

The companies told community open days in New Plymouth last weekend that a construction workforce of about 300 would be required for up to four years if the $600-million project proceeded, according to the Taranaki Daily News.

Contact and Genesis are partners in a 50:50 joint venture called Gasbridge, which would built the terminal if domestic gas supplies fell to a level where gas must be imported.

The Gasbridge terminal would be capable of importing about half of New Zealand's total annual gas requirements, the companies said.

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