 | |
| Formerly | NGC, Vector Gas |
|---|---|
| Industry | Natural gas transmission and distribution |
| Headquarters | , |
Key people | Mark Ratcliffe (chair) |
| Brands | Firstgas |
Number of employees | 130 |
| Website | firstgas |
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. [1] Through Flex Gas, First Gas owns and operates the Ahuroa Gas Storage Facility.
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. [2] 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. [3]
NGC was privatised in 1992. [2] 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. [4]
In 2016, First Gas purchased the Maui natural gas pipeline from Maui Development for $335 million. This is the main gas transmission pipeline in New Zealand. It is 307 km long, stretching from the Oaonui production station north of Ōpunake through to Huntly Power Station in Huntly, and carries 78% of New Zealand's onshore and offshore natural gas. At that time, ownership of Maui Development was between Shell (84%), OMV NZ (10%) and Todd Energy (6%). [5]
In 2017, First Gas purchased the Ahuroa Gas Storage Facility from Contact Energy.
| Parameter | Value |
|---|---|
| Total pipeline length | 4638 km |
| Intermediate pressure (700–2000 kPa) | 177 km |
| Medium pressure (7–700 kPa) | 4,389 km |
| Low pressure (<7 kPa) | 72 km |
| Customer connections | 62,669 |
| System maximum demand | 35.10 TJ/day |
| System gas delivered | 11,733 TJ |
Genesis Energy Limited, formerly Genesis Power Limited, is a New Zealand publicly listed electricity generation and electricity, natural gas and LPG retailing company. It was formed as part of the 1998–99 reform of the New Zealand electricity sector, taking its generation capacity from the breakup of the Electricity Corporation of New Zealand (ECNZ) and taking retail customers from three local power boards in the Lower North Island. The New Zealand Government owns a 51% share of the company.
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