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Showing posts with label Energy Resources Aotearoa. Show all posts
Showing posts with label Energy Resources Aotearoa. Show all posts

Friday, July 14, 2023

Point of Order: Stark warning on NZ’s energy security with depletion of natural gas reserves



Will the politicians ignore it?

New Zealanders have had a wake-up call, with a report that natural gas reserves have fallen below ten years of remaining use for the first time.

The latest petroleum data from MBIE shows what authorities call the “shocking effect” of damaged investment signals.

Energy Resources Aotearoa is warning that without change, New Zealand’s energy security will be threatened.