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NZ moves to speed up gas investment

Dwindling gas reserves creating growing gap in energy system

Colin Sandell-Hay
The NZ government has upgraded funding to support gas developments. Beach’s Kupe project

The NZ government has upgraded funding to support gas developments. Beach’s Kupe project | Credits: Beach Energy

Facing concerns that new gas may take up to 10 years to enter its desperately shrinking energy supplies, the New Zealand government has broadened the scope and terms of its NZ$200 million commercial co-investment...

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