LNG imports: 'Be careful what you wish for'

The Government is going to legislate consents for LNG import facilities. (Image: NZME)

Tue, 27 Aug 2024

Some in the energy sector have warned there are risks around importing liquefied natural gas and exposing New Zealand to the international market.On Monday, the Government announced it would legislate consents for facilities to import liquefied natural gas (LNG).It was among a raft of new announcements and reiteration of previously announced policy to address the energy shortage that sent wholesale electricity prices soaring and put businesses under pressure.Major companies, including Fonterra, have raised concerns about the prospect of high en...

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