Gas reserves increase 7%, led by gains at Pohokura, Kapuni

Thu, 13 Jun 2019

By Gavin Evans June 13 (BusinessDesk) - Development and appraisal work helped increase the country’s natural gas and LPG reserves by about 7 percent last year, according to government data. Proven and probable remaining reserves stood at 2,116 Petajoules at Jan. 1, up about 130 PJ from a year earlier. The increases were driven by gains at OMV-operated Pohokura, the country’s biggest gas producer, and Todd Energy’s onshore Kapuni field, the Ministry of Business, Innovation and Employment said. Remaining reserves at the two fields increa...

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