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"Look for new opportunities": Govt seeks to bolster gas supplies

Author
Newstalk ZB,
Publish Date
Fri, 6 Jun 2025, 8:12am
Photo / Getty
Photo / Getty

"Look for new opportunities": Govt seeks to bolster gas supplies

Author
Newstalk ZB,
Publish Date
Fri, 6 Jun 2025, 8:12am

A focus on boosting our gas supply in the short-term from the Resources Minister. 

New Zealand's gas reserves have dropped by 27% over the past year.  

Last month, the Government committed $200 million to new gas projects following removal of a ban on offshore oil and gas exploration last year.  

Shane Jones told Mike Hosking there's a lot of interest in the South Island, but new projects need to be well-thought out. 

He says so if people make a commitment, their investment is protected from the return of unicorn, fairy-head ideas. 

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