Ahuroa Gas Storage Facility
The Ahuroa Gas Storage Facility is an underground natural gas storage facility situated at Ahuroa in the Taranaki region of New Zealand, owned by Flex Gas, a subsidiary of First Gas. Flex Gas is the trading name of Gas Services New Zealand. The stored gas is used to supply the Stratford Power Station and other major users of gas when needed during periods of peak demand. The facility can store up to 18 PJ of gas, with injection rates up to 65 terajoules per day and withdrawal rates of up to 65 terajoules per day. Flex Gas plans to expand the facility to 65 TJ per day injection and withdrawal by 2021. History The Tariki / Ahuroa field was discovered in 1986. Construction of wellsite facilities began in 1995 and production commenced in 1996. The facility was in turn owned by Fletcher Challenge, Shell and Swift Energy. In 2008, when the field was largely depleted, it was acquired by Origin Energy as part of the Tariki / Ahuroa / Waihapa / Ngaere assets. Gas injection into storage b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Natural Gas Storage
Natural gas is a commodity that can be stored for an indefinite period of time in natural gas storage facilities for later consumption. Usage Gas storage is principally used to meet load variations. Gas is injected into storage during periods of low demand and withdrawn from storage during periods of peak demand. It is also used for a variety of secondary purposes, including: *Balancing the flow in pipeline systems. This is performed by mainline transmission pipeline companies to maintain operational integrity of the pipelines, by ensuring that the pipeline pressures are kept within design parameters. *Maintaining contractual balance. Shippers use stored gas to maintain the volume they deliver to the pipeline system and the volume they withdraw. Without access to such storage facilities, any imbalance situation would result in a hefty penalty. *Leveling production over periods of fluctuating demand. Producers use storage to store any gas that is not immediately marketable, typic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Taranaki Region
Taranaki is a region in the west of New Zealand's North Island. It is named after its main geographical feature, the stratovolcano of Mount Taranaki, also known as Mount Egmont. The main centre is the city of New Plymouth. The New Plymouth District is home to more than 65 per cent of the population of Taranaki. New Plymouth is in North Taranaki along with Inglewood and Waitara. South Taranaki towns include Hāwera, Stratford, Eltham, and Ōpunake. Since 2005, Taranaki has used the promotional brand "Like no other". Geography Taranaki is on the west coast of the North Island, surrounding the volcanic peak of Mount Taranaki. The region covers an area of 7258 km2. Its large bays north-west and south-west of Cape Egmont are North Taranaki Bight and South Taranaki Bight. Mount Taranaki is the second highest mountain in the North Island, and the dominant geographical feature of the region. A Māori legend says that Mount Taranaki previously lived with the Tongariro, Ngaur ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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First Gas
First Gas Limited is a natural gas transmission and distribution company in New Zealand. First Gas's network has 2,204 km of high pressure pipelines and 4,800 km of gas distribution pipelines. Through Flex Gas, First Gas owns and operates the Ahuroa Gas Storage Facility. History The Natural Gas Corporation (NGC) was established by the New Zealand government to buy, process and wholesale natural gas from the Kapuni gas field, which was discovered in 1959. NGC built the first high pressure gas transmission lines in the late 1960s, initially supplying Kapuni gas to Auckland, Hamilton, New Plymouth, Wanganui, Palmerston North, and Wellington. The network was expanded through the 1970s and 1980s, supporting the major expansion of the oil and gas industry at that time. NGC was privatised in 1992. The Australian Gas Light (AGL) sold NGC to Vector Limited in 2004 and 2005. The company was again sold in 2016 to First State Funds, being renamed First Gas during the acquisition. In 2016 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stratford Power Station
The Stratford Power Station is a 577 MW power station located east of Stratford, in Taranaki, New Zealand. The original power station on the site was a 200 MW gas turbine power plant that opened in 1976 and closed in 2001. The current power station comprises a 377 MW combined cycle unit that opened in 1998 and two open cycle gas turbine units for peaking power that opened in 2011. The station is now owned and operated by Contact Energy. Original gas turbine plant Construction of the Stratford Gas Turbine Plant, a 200 MW power station, was completed on what is now the Stratford Power Station site in June 1976. It comprised four 50 MW units, each a Pratt and Whitney TwinPak of two FT4 gas turbines. The FT4 engine is the stationary version of the Pratt & Whitney JT4 aircraft engine. The plant was fired on natural gas, and the units were in open cycle configuration. The FT4 units were owned and operated (in turn) by NZED, NZE, ECNZ and Contact Energy. The four 50 MW uni ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fletcher Challenge
Fletcher Challenge was a multinational corporation from New Zealand. It was formed in 1981 by the merger of Fletcher Holdings, Challenge Corporation and Tasman Pulp and Paper. It had holdings in construction, forestry, building, and energy, initially just within New Zealand and then internationally as well, and at one time was the largest company in New Zealand. In 2001 it was split into three companies, Fletcher Challenge Forests, Fletcher Building (incorporating Fletcher Construction), and Rubicon. History The corporation was formed in January 1981 with the mutual merger of Challenge Corporation, Fletcher Holdings and Tasman Pulp and Paper. It was initially based in Wellington's Challenge House, but later moved in 1987 to a new head office in Penrose, Auckland. In 1987 the corporation acquired the state-owned enterprise Petrocorp, and created the Fletcher Energy division. Fletcher Energy's assets were subsequently sold to Shell New Zealand. In November 1993 Fletcher Challenge ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Origin Energy
Origin Energy an ASX listed public company with headquarters in Sydney. It is a major integrated electricity generator, and electricity and natural gas retailer. It operates Australia’s largest coal-fired power station at Lake Macquarie, New South Wales. History Origin Energy was formed 18 February 2000, as a result of a demerger of the Australian conglomerate, Boral Limited, which saw the energy business formed as a new company, separate from the building and construction materials business. SAGASCO became part of Origin Energy as part of the demerger. Between 2001 and 2002, Origin acquired a Victorian electricity retailer licence from distributors Powercor and CitiPower. In 2004, the SEAGas pipeline was completed, linking the Victorian and South Australian gas markets. During this time, Origin obtained 50% interest in the Kupe Gas Field and Edison Mission Energy's 51.4% interest in New Zealand's Contact Energy. Origin sold its 53% shareholding in Contact Energy to the m ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Contact Energy
Contact Energy Limited is a New Zealand electricity generation, electricity generator, a wholesaler of natural gas, and a retailer of electricity retailing, electricity, natural gas, broadband and Liquefied petroleum gas, LPG. It is the second-largest electricity generator in New Zealand (after Meridian Energy), generating 23% of all electricity in 2014, and has the second-largest market share (22%) of electricity retailers (after Genesis Energy Limited, Genesis Energy). Contact owns and operates five geothermal power stations near Taupo, natural-gas turbine facilities at Hamilton and at Stratford in Taranaki, two hydroelectric dams on the Clutha River, and a diesel fuelled station near Napier. Contact originated with the partitioning of the Electricity Corporation of New Zealand in 1996, and publicly Listing (finance), listed in 1999. History Contact Energy was incorporated on 8 November 1995 and became a state-owned enterprise on 18 November 1995. It commenced operations on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New Zealand Energy Corporation
New Zealand Energy Corporation (NZEC) is an oil and gas producing company in New Zealand, established in 2010. It owns and operates gas and oil fields in Taranaki and has exploration permits in the East Coast Basin. In 2013, NZEC purchased the Tariki, Waihapa and Ngaere mining licences and assets from Origin Energy Origin Energy an ASX listed public company with headquarters in Sydney. It is a major integrated electricity generator, and electricity and natural gas retailer. It operates Australia’s largest coal-fired power station at Lake Macquarie, New .... References External links Official site Oil and gas companies of New Zealand New Zealand companies established in 2010 {{NewZealand-company-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oil And Gas Industry In New Zealand
The oil and gas industry in New Zealand explores and develops oil and gas fields, and produces and distributes petroleum products and natural gas. In 2018, New Zealand's self-sufficiency in oil (mmbls production divided by consumption) was 17%, i.e. the country imports its petroleum product needs. All local oil production is exported as the New Zealand refinery is not suited to processing it. In 2018, 60 petajoules of crude were produced in New Zealand, 380 PJ of petroleum products imported (most of it crude), and 283 PJ consumed. The difference is exported or used for international travel (aviation fuel and similar). Oil and gas are produced from 21 petroleum licenses / permits, all in the Taranaki basin. The most important fields are Kapuni, Maui, Pohokura and Kupe. Exploration for oil and gas reserves includes the Great South Basin and offshore areas near Canterbury and Gisborne. New Zealand had one oil refinery, the Marsden Point Oil Refinery, but its refining capability wa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Natural Gas Storage
Natural gas is a commodity that can be stored for an indefinite period of time in natural gas storage facilities for later consumption. Usage Gas storage is principally used to meet load variations. Gas is injected into storage during periods of low demand and withdrawn from storage during periods of peak demand. It is also used for a variety of secondary purposes, including: *Balancing the flow in pipeline systems. This is performed by mainline transmission pipeline companies to maintain operational integrity of the pipelines, by ensuring that the pipeline pressures are kept within design parameters. *Maintaining contractual balance. Shippers use stored gas to maintain the volume they deliver to the pipeline system and the volume they withdraw. Without access to such storage facilities, any imbalance situation would result in a hefty penalty. *Leveling production over periods of fluctuating demand. Producers use storage to store any gas that is not immediately marketable, typic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |