Todd Energy fires up with new LPG gas plant

Todd Energy is building on an expanding retail customer base with consent for a $65 million LPG plant to supply 45 kilo gas bottles for household use.

Planned to produce 27,000 tonnes of LPG a year, the plant will be built at its McKee Production Station site in Taranaki, producing LPG (as a natural by-product of gas extraction) sourced from its Mangahewa and Pokohura fields.

It plans to deliver LPG through its 50,000 customer-strong retail company, Nova Energy, across the North and South Islands.

This year, Nova Energy signed up 6000 new customers for dual gas/electricity, taking a larger stake in the total Wellington electricity market with a ramped up door-to-door marketing effort.

Todd Energy is the largest electricity generator from efficient gas-fired co-generation facilities in New Zealand, located in Edgecumbe, Kapuni, Whareroa and New Plymouth, but managing director Richard Tweedie said using the new LPG plant to fire electricity generation would not be economically viable.

Mr Tweedie said the new LPG production site was ideal, as it would maximise existing infrastructure from the McKee plant with a low impact on the area.

“Todd Energy has over 50 years’ experience in the Taranaki energy industry and we consider Taranaki our home. We will certainly ensure all reasonable steps are taken to minimise the impact of the project.”

The company is in the process of finalising contractors for the project, which has already gained resource consent.

Other projects in the pipeline include a hydro project on the upper Kaituna River, potential wind farms and investigation into new tidal-generation technologies.

Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot


Sym Price Change
USD 0.7130 -0.0044 -0.61%
AUD 0.9104 -0.0039 -0.43%
EUR 0.6063 -0.0033 -0.54%
GBP 0.5413 -0.0026 -0.48%
HKD 5.5672 -0.0339 -0.61%
JPY 80.1990 -0.3220 -0.40%


Commodity Price Change Time
Gold Index 1284.9 -9.930 2017-10-17T00:
Oil Brent 57.9 0.040 2017-10-17T00:
Oil Nymex 51.9 0.010 2017-10-17T00:
Silver Index 17.0 -0.328 2017-10-17T00:


Symbol Open High Last %
NZX 50 8112.1 8131.5 8112.1 0.04%
NASDAQ 6621.4 6628.6 6624.0 -0.01%
DAX 13012.8 13094.8 12995.1 0.51%
DJI 22952.4 23002.2 22957.0 0.18%
FTSE 7516.2 7551.3 7516.2 0.43%
HKSE 28636.2 28729.3 28697.5 0.05%
NI225 21374.7 21402.8 21336.1 0.13%
ASX 5889.6 5906.1 5889.6 0.12%