Net Zero Transition > Industrial Decarbonisation > NZ govt gas loans, LNG plans breach trade deals -report

NZ govt gas loans, LNG plans breach trade deals -report

Published 06:10 on May 26, 2026 / Last updated at 06:10 on May 26, 2026 / / Asia Pacific (Pacific), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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New Zealand’s plans to build an LNG import terminal and its co-investment fund for new gas fields meet the definition of fossil fuel subsidies, leaving the country in breach of trade deals, said a report released a day after the government announced a loan scheme to help businesses switch away from gas.
New Zealand’s plans to build an LNG import terminal and its co-investment fund for new gas fields meet the definition of fossil fuel subsidies, leaving the country in breach of trade deals, said a report released a day after the government announced a loan scheme to help businesses switch away from gas.


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