FEATURE: New Zealand looks to bring back gas, but challenges abound

Published 13:23 on October 8, 2024 / Last updated at 13:23 on October 8, 2024 / / Asia Pacific (Compliance Markets & Taxes, Pacific), Insights (Features)

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A spike in the electricity price at the end of August in New Zealand forced an urgent review of the power sector and helped hasten a possible return of gas, via reversing a ban on new exploration permits put in place in 2018 by the then-Jacinda Ardern led Labour government.
A spike in the electricity price at the end of August in New Zealand forced an urgent review of the power sector and helped hasten a possible return of gas, via reversing a ban on new exploration permits put in place in 2018 by the then-Jacinda Ardern led Labour government.


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