New Zealand gas production about to 'fall off a cliff'

New Zealand gas production about to 'fall off a cliff'
An energy company boss is predicting NZ gas prices will rise. (Image: Depositphotos)
Oliver Lewis
The chief executive of the only New Zealand stock exchange-listed oil and gas company is warning domestic gas supply is about to “fall off a cliff”, leading to higher prices. NZ Oil & Gas has interests in the Kupe gas field and the Maari oil field off the coast of Taranaki, as well as Australian and Indonesian assets. Its CEO, Andrew Jefferies, said demand for the company’s products was high, supply was limited and prices were up and exceeding expectations. Jefferies made the comment at NZ Oil & Gas&rsqu...

More Infrastructure

Peters vows government will stick to Scott Base budget
Infrastructure

Peters vows government will stick to Scott Base budget

Peters says the government wants options within existing budgets for Scott Base.

Dileepa Fonseka 08 Dec 2023
Aussie firm wins $150m Auckland recycling contract
Infrastructure Exclusive

Aussie firm wins $150m Auckland recycling contract

In July, Re.Group will take over the council's Onehunga facility from Visy.

Cécile Meier 08 Dec 2023
A holiday reading list for Luxon
Economy

A holiday reading list for Luxon

This year's list is not exactly light holiday reading.

Dileepa Fonseka 05 Dec 2023
US giant's Three Waters win could be unwound
Infrastructure

US giant's Three Waters win could be unwound

Gentrack queries Koch-owned firm's win. DIA says there will be an 'off-ramp'.