scoop.co.nz 17 Mar, 2021 05:00 am

Government Facing The Reality Of Importing Gas

Government Facing The Reality Of Importing Gas
A flurry of revelations in the past month show the oil and gas ban is unfolding exactly as officials predicted, National’s Energy and Resources spokesperson Barbara Kuriger says. Energy and Resources Minister Megan Woods told Parliament today that ...

Energy and Resources Minister Megan Woods told Parliament today that since the oil and gas ban in 2018, 88,000 square kilometres of exploration permits have been relinquished, and she has asked for reports on whether New Zealand will soon need to import LNG.“Megan Woods has now taken the remarkable step of asking for advice on New Zealand importing LNG.“The minister will claim this all has nothing to do with her ban, but the advice she has received is that New Zealand needs about $100 million of investment each year just in our existing wells to keep up production.“With gas production falling, New Zealand burned 800,000 tonnes of coal for electricity generation last year.

“Labour’s oil and gas ban is turning out exactly as predicted: New Zealand has lost energy security, greenhouse gas emissions have gone up, and consumers will pay more for electricity.” p NEW ZEALAND POLITICS Gordon Campbell: On The Myanmar Coup And The Immense, Enduring Success Of BTS During yesterday’s protests in Myanmar over 50 demonstrators were shot dead, one police officer died, and several Chinese owned factories were set on fire.

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