Gas demand will outstrip supply over next three years

Output from gas fields has been declining. (Image: Getty)

Thu, 11 Jul 2024

Natural gas demand will outstrip supply over the next three years, according to the latest government statistics.The shortfall will put pressure on gas prices and raise further questions about whether some businesses can secure supply without reducing or stopping operations.There have been reports that some gas users have not been able to renew contracts or have faced much higher prices. The increasing price of gas will flow through to wholesale electricity prices as gas or coal is required to cover peak demand prices.Meridian Energy chie...

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Property

Developer Kurt Gibbons buys Ryman’s Newtown site

The land was formerly the site of Wellington's Tip Top bread factory.

Gregor Thompson 10:30am

The Quiz Free

QuiznessDesk: Thursday, Oct 31

One Night in Bangkok was a hit song from what musical?By inserting an extra letter, what word meaning a small group of trees can be changed to one meaning a dead body?State Highway 2 between Gisborne and Opotiki passes through what gorge?What was the nickname of a 1940s Hollywood...

The Quizmaster 9:15am