Contact secures winter gas from OMV

Fri, 14 Jun 2019

By Gavin Evans June 14 (BusinessDesk) - Contact Energy says it has bought a winter gas supply from OMV as part of a deal that will also give it access to future supplies from the Maui field. The company, which started 2019 with only 4.9 petajoules contracted, says it will buy 40 terajoules a day from OMV this winter. Pricing is consistent with the firm’s expectations at the first-half result and at its investor day in November, it said. Contact paid $6.10 per gigajoule for the 17PJ of gas it used at its power stations in the June 2018...

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