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Reuters: Shell says first gas flows at New Zealand field

LONDON, Aug 15 (Reuters) – Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) said on Tuesday that first gas had started to flow from its Pohokura project in New Zealand, which at its peak is expected to produce around 40,000 barrels of oil equivalent per day.

“This is a significant step in the journey to deliver gas to meet New Zealand’s energy needs,” Dominique Gardy, Shell Executive Vice President, Exploration and Production, Asia Pacific, said.

Austrian oil company OMV (OMVV.VI: Quote, Profile, Research) has a 26 percent stake in the field.

© Reuters 2006. All Rights Reserved.

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