CHI - Channel Infrastructure Ltd (NZR)

[Bikeguy]

Milford now have 19.5 million of these shares, and seems like a lot of them are in their income fund? They obviously like these for the dividends and are happy enough with were it’s all at with CHI to be taking on more?

[Wai Wai]

CHI well positioned to import LPG
More$$$$

[Bikeguy]

CHI well positioned to import LPG
More$$$$

Has something been reported regarding this possibility? Cheers

[kiwical]

Has something been reported regarding this possibility? Cheers

Could be paywalled. Here is one I read the other day in the herald. Could be others out there. https://www.nzherald.co.nz/business/...AYTMBKV4F4FY4/

[Waikaka]

CHI well positioned to import LPG
More$$$$

The Harbour at Marsden Point is likely deep enough and some of the wharves are used a lot less these days so might have capacity. Unfortunately the largest high pressure gas transmission line is from Taranaki to Huntly (Maui Pipeline). From what I understand the Auckland to Whangarei high pressure natural gas pipeline (which runs adjacent to the RAP) does not have the capacity to dispatch the volumes south to large industrial customers (i.e. Huntly) lower down the north island.

I cant find a reference to what diameter the natural gas pipeline is from Whangarei to Auckland to prove that though. Does anyone know?

Figure you mean LNG as well, as you can't put LPG into the gas distribution network.

I suspect it will take longer and cost more to import LNG than they are letting on.