New Zealand Energy Advances Tariki Gas Storage Project with Genesis Partnership

Tip Ranks
2025.11.26 14:40
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New Zealand Energy Corp. has announced a major advancement in its Tariki Gas Storage Project through a non-binding memorandum of understanding with Genesis Energy Limited. This collaboration aims to progress towards a final gas storage services agreement, expected to be a foundational asset in New Zealand’s energy market. The project plans to recommence operations at Tariki-5A in Q1 2026, reflecting significant progress in the company's strategic initiatives.