Is anyone surprised that New Zealand’s gas production is continuing to decline?
New Zealand’s natural gas production continues to decline according to the latest Energy Quarterly data released today by the Ministry of Business, Innovation and Employment (MBIE).
“Natural gas net production for the quarter was 31.89 PJ, a 12 per cent decrease on March 2023 and the lowest quarterly net production since March 1985,” says MBIE Markets Manager Mike Hayward.