Following the rapid decline in the availability of gas for electricity generation, a group of major New Zealand energy companies have collaborated to explore the option to import liquefied natural gas (LNG) and assessed the role LNG could play to meet New Zealand’s future gas demand.
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New Zealand energy companies explore the feasibility of importing LNG
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Gas is here to stay
It’s a confusing time for energy consumers, especially those using gas. We are told on the one hand that our country needs to go 100% electric and that our gas supplies are dwindling. Yet gas remains critical to supporting our country’s variable renewable electricity generation sources – a point that was made crystal clear with the threat of power shortages on the coldest day of the year so far.