Stuff.co.nz (New Zealand): Pohokura partners in row
02 May 2005
By MARTA STEEMAN
The $1 billion development of the crucial Pohokura gasfield may be slipping behind schedule because of a bitter row between energy heavyweight Shell New Zealand and Todd Energy over operating key New Zealand gasfields.
Pohokura is the biggest gasfield development since Maui, which is expected to run dry by 2007.
Shell and Todd and the other owner of Pohokura, Austrian firm OMV, have committed to first production of gas from Pohokura from mid-2006 and have contracted to sell the gas to mainly electricity generators.