Bruce Aitken: former CEO and president of Methanex voices support for Government's plan to invest more into gas
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
The Government's bid to bring hope back to New Zealand's gas sector has been met with approval from industry experts.
In the Budget, the Government said it would set aside $200 million over four years for co‑investment in new gas fields.
Former CEO and president of Methanex, Bruce Aitken, says this is a good idea.
"Anything that encourages exploration for natural gas is great - it's a real pity that the Government has to do it, but I think there's an inevitability that you need to take some risk out of exploration."
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