Contact secures gas deal as Greymouth hints at issues with Todd

A Greymouth rig in operation. (Image: Supplied)

Fri, 04 Jul 2025

Greymouth Petroleum has agreed to sell a significant supply of gas to Contact Energy, potentially for up to 10 years.The New Zealand-owned gas-field operator also indicated that to get more gas to market it will need co-operation from the sector, and would-be competitors, otherwise it will have to invest in its own infrastructure that would take years to build.In February, Greymouth said it had found a commercially significant gas discovery in Greymouth’s Turangi field, where about 30% – or roughly 400 petajoules (PJ) – o...

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