Go offline with the Player FM app!
John Carnegie: Energy Resources Aotearoa CEO on gas supply dropping 27 percent in the last year
Manage episode 486943907 series 2098282
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.
9887 episodes
Manage episode 486943907 series 2098282
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.
9887 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.