MARKETS

Genesis extends offtake from Kupe field

GENESIS Energy has extended its gas supply agreement with New Zealand Oil & Gas for offtake from the Kupe field offshore Taranaki.

paul hunt

Image courtesy - Beach Energy

NZOG holds a 4% direct interest in the Kupe field which produces around 15% of New Zealand's gas demand and half of its LPG. The field is operated by Beach Energy. Under the extended offtake agreement,...

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