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John Carnegie: Energy Resources Aotearoa CEO on gas supply dropping 27 percent in the last year

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Manage episode 486943907 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

New Zealand’s gas supply is reducing faster and sooner than previously forecast, new reports from experts warn.

As of January 1, 2025, natural gas reserves have reduced 27 percent compared to last year, the Ministry of Business, Innovation and Employment (MBIE) said.

Energy Resources Aotearoa CEO John Carnegie says there's reason to be concerned.

"Put simply, with the rapidly reducing gas supply, our gas reserves are at historic low levels. New Zealand is facing higher energy prices, increased reliance on imported coal, uncertainty for industrial users."

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See omnystudio.com/listener for privacy information.

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9887 episodes

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Manage episode 486943907 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

New Zealand’s gas supply is reducing faster and sooner than previously forecast, new reports from experts warn.

As of January 1, 2025, natural gas reserves have reduced 27 percent compared to last year, the Ministry of Business, Innovation and Employment (MBIE) said.

Energy Resources Aotearoa CEO John Carnegie says there's reason to be concerned.

"Put simply, with the rapidly reducing gas supply, our gas reserves are at historic low levels. New Zealand is facing higher energy prices, increased reliance on imported coal, uncertainty for industrial users."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

9887 episodes

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