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NZ needs more gas investment, says Meridian

Storage capacity a key issue as Ahuroa facility downgraded.

The Maui gas field off Taranaki, put up for sale by owner OMV in February.

Tim Hunter Wed, 01 Mar 2023

Big energy generator and retailer Meridian has called for more investment in gas production to mitigate the risk of low rainfall reducing hydro generation.

On a conference call discussing its half year results, chief executive Neal Barclay said dry years remained a risk for the hydro-dominated

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Tim Hunter Wed, 01 Mar 2023
Contact the Writer: thunter@nbr.co.nz
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NZ needs more gas investment, says Meridian
Investment,
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