POLICY

Looming blackouts prompt gas import action

Taranaki project flagged for 2027 as gas reserves slide and dry-year risks mount

NZ fast-tracks LNG import plan amid looming power crunch. Pictured: John Carnegie, CEO of Energy Resources Aotearoa, and the proposed Taranaki LNG import site as Wellington moves to accelerate approvals ahead of expected winter supply shortfalls later this decade.

NZ fast-tracks LNG import plan amid looming power crunch. Pictured: John Carnegie, CEO of Energy Resources Aotearoa, and the proposed Taranaki LNG import site as Wellington moves to accelerate approvals ahead of expected winter supply shortfalls later this decade. | Credits: Energy Resources Aotearoa

Faced with increasing pressure to stave off looming winter power shortages, the New Zealand government has moved to "expedite" the development of an imported gas terminal, aiming to have it operational...

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