Importing LNG may solve gas supply issues for electricity sector: Meridian

Neal Barclay says the market has to sort out gas supply issues. (Image: NZME)

Tue, 25 Jun 2024

Importing gas could be a viable option to get the electricity sector through supply constraints, Meridian Energy chief executive Neal Barclay says.Speaking to the company’s investors' day, Barclay outlined Meridian’s future path after the 20-year electricity supply deal to keep the Tiwai Point aluminium smelter open.Barclay said the deal had given the sector much-needed certainty, and investment in new generation from Meridian and others would now pick up.However, headwinds included the constrained gas supply.“We've se...

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