Vector doubles quantity of gas available to Marsden Point refinery

Thu, 17 Dec 2015

By Sophie Boot Dec. 18 (BusinessDesk) - Vector, the electricity and gas distribution firm, will double the quantity of natural gas available to the Marsden Point oil refinery in a new deal with New Zealand Refining. The operator of the country's only oil refinery reached an agreement with Vector to access more than 5 petajoules of gas per year, which it will use as fuel for its processing units, it said in a statement. New Zealand Refining currently takes between 2 and 2.5 petajoules of gas per year. The deal will see Vector spend abo...

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