The Commerce Commission will hold a conference on Tuesday 1 - Thursday 3 July on its draft determination relating to the application by Preussag Energie (now OMV New Zealand Limited), Shell Exploration and Todd Petroleum Mining for authorisation to enter into arrangements to jointly market and sell gas produced from the Pohokura field.
The conference will be held on the ground floor at 44-52 The Terrace, Wellington. The conference will be chaired by Paula Rebstock.
The Commission released its draft determination in May with submissions on the draft closing on
Monday 9 June. The conference is a process where parties can present their submissions orally, and the Commission can ask questions based on those submissions.
In its draft determination, the Commission's preliminary view is that it would authorise the joint marketing and selling of gas produced from the Pohokura field subject to certain conditions.
A copy of the conference programme is attached.
Media are asked to confirm their attendance with Jackie Maitland, Communications Manager,
(04) 924 3708 or jackie.maitland@comcom.govt.nz
The draft determination and submissions received are published on the Commission's website, http://www.comcom.govt.nz/adjudication/pressu_gas.cfm.
Application for Authorisation by the Pohokura Joint Venture Partners to Jointly Market and Sell Gas from the Pohokura Field
Conference - 1-3 July 2003
Ground Floor, NGC Building, 44-52 The Terrace, Wellington
Commissioners: Ms Paula Rebstock (Acting Chair)
Mr Peter Taylor
Ms Denese Bates (QC)
Mr Shaan Stevens
Tuesday, 1 July 2003
10.00 am
Start
10.15 am
Chair - opening remarks
10.30 am
Applicants - opening
Presenters:
· Mr David Salisbury, Commercial and Legal Director, OMV NZ Ltd
