Close Methanex, import LNG: former Todd boss Richard Tweedie's solution for gas shortage

Close Methanex, import LNG: former Todd boss Richard Tweedie's solution for gas shortage
Under Richard Tweedie, Todd brought gas onstream from the Pohokura gas field. (Image: NZME)
Ian Llewellyn
The best ways to address New Zealand’s energy shortage are to import liquefied natural gas and close Methanex, says Richard Tweedie, the former managing director of Todd Energy.It is one prescription among many offered as the cure for the country’s energy shortage, but there are also differing views.Dwindling gas supplies have put pressure on several businesses. The scramble for gas has left government agencies short and led to legal battles between the major players.Gas production dropped by 12.5% in 2023 and by 27.8% for the...

More Energy

Tauhara geothermal station finally opens
Energy

Tauhara geothermal station finally opens

Cost rises from $580m to $924m, but Tauhara adds to Contact's geothermal assets.

Kinleith Mill proposes 230 job cuts
Primary Sector

Kinleith Mill proposes 230 job cuts

Updated: The proposal could affect up to half of the 460-strong workforce.

Oliver Lewis 20 Nov 2024
ComCom confirms power bill hike
Infrastructure

ComCom confirms power bill hike

Average household power bill to increase by $10 a month from next April.

Ian Llewellyn 20 Nov 2024
Tenders sought for electricity market review
Energy

Tenders sought for electricity market review

Four months and $1m to answer major questions about the market's structure.

Ian Llewellyn 19 Nov 2024