Net Zero Transition > Industrial Decarbonisation > NZ govt says historic low gas reserves justifies LNG terminal build, new exploration

NZ govt says historic low gas reserves justifies LNG terminal build, new exploration

Published 02:35 on May 14, 2026 / Last updated at 02:35 on May 14, 2026 / / Asia Pacific (Pacific), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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New Zealand’s gas reserves have fallen to record lows, with the government saying this supports its decisions to build an LNG import terminal and permit new offshore oil and gas exploration.
New Zealand’s gas reserves have fallen to record lows, with the government saying this supports its decisions to build an LNG import terminal and permit new offshore oil and gas exploration.


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