Shrinking exploration acreage poses risk to gas supply

Shrinking exploration acreage poses risk to gas supply
Gavin Evans
Government officials are looking at ways to keep offshore exploration acreage available so that the country can ensure it has sufficient gas supplies as it transitions to a lower-carbon economy.Acreage has already dropped by more than a quarter since the government’s surprise ban on new offshore exploration in April 2018.Officials warn that the normal process of relinquishing part of a permit – part of the lifecycle of existing permits – will see the 71,000 square-kilometres currently permitted offshore more than halved within two years. It wil...

More Infrastructure

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Oliver Lewis 02 Jul 2025
Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

Oliver Lewis 01 Jul 2025
The keys to unlocking Northport's land value
Infrastructure

The keys to unlocking Northport's land value

MMH's land is valued at five times less than its next-door neighbour, Channel.

Ian Llewellyn 30 Jun 2025
Food scrap U-turn chills waste sector investment
Infrastructure

Food scrap U-turn chills waste sector investment

The Government’s backtrack on the food waste mandate undermines investor confidence.

Cécile Meier 30 Jun 2025