Bryan Leyland & John Raine: The Energy Storage Elephant

Christopher Luxon announced the LNG Storage Terminal plan on 9th February 2026. By 28th February, the USA and Israel had attacked Iran, and we were forcefully reminded that New Zealand’s is one of the most vulnerable advanced economies to oil supply disruption. We are geographically isolated, fully import‑dependent for refined fuels, and exposed to geopolitical upheaval and chokepoints like the Strait of Hormuz.