This article is 17 years old. Images might not display.
Santos announced a 4 million tonnes per annum LNG project while Arrow Energy announced a 1MMtpa project in May. Both projects would use coal seam methane as feedstock and would be sited in Gladstone, central Queensland.
Contact spokesperson Jonathan Hill said the Contact-Genesis partnership, known as Gasbridge, had not yet looked at either project.
“However, I would say the Gasbridge JV partners would welcome the introduction of more LNG supply projects in the region,” Hill told PetroleumNews.net from Wellington.
“The location is interesting and the projects would be obvious contenders to supply New Zealand with LNG in the event that this is ever required.”
A Genesis spokesman said he agreed with Hill and had nothing further to add.
Hill also said that Contact and Genesis were continuing with their LNG investigations and resource consents applications for a possible $NZ600 million LNG terminal, storage tanks and regasification plant at Port Taranaki.
However, they were holding off making any development decision for as long as possible, hoping explorers in New Zealand would find sufficient gas in the next few years to satisfy increasing domestic demand.
