Gas needed long term; no view on LNG imports — Woods

Climate Commission models suggest LNG imports would boost power costs.

Thu, 04 Mar 2021

Gas will remain in the energy sector for years to come and the country needs to be sure local production is allocated appropriately and supports the wider decarbonisation efforts, Energy and Resources Minister Megan Woods says.A review of gas market arrangements and commercial and regulatory settings - initiated by Woods late last year - is not about changing policy to develop more natural gas, she said. It is aimed at ensuring there is sufficient gas for secure electricity generation and transparency, and certainty for major users about their...

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