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Contact signs new Maui gas purchase agreement
Contact signs new Maui gas purchase agreement
Contact Energy Limited (Contact) announced today that it has entered into a new agreement with Maui Development Limited (MDL) to purchase between 22 and 26 petajoules of gas over a two-to-three year period. The new agreement replaces an agreement that expired at the end of 2014.
Contact’s Chief Generation and
Development Officer, James Kilty, said “The new Maui
agreement, together with our existing contracted gas and
reserves at our Ahuroa Gas Storage facility, provides
Contact with additional flexibility around the way we use
gas to run our thermal power stations. It’s pleasing to
have reached this agreement with MDL which extends our close
relationship.”
ENDS
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