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John Carnegie: Energy Resources Aotearoa CEO 'unsurprised' by Genesis Energy slowing down gas production

John Carnegie: Energy Resources Aotearoa CEO 'unsurprised' by Genesis Energy slowing down gas production

Heather du Plessis-Allan Drive · Newstalk ZB

April 17, 20254m 20s

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Show Notes

Genesis Energy has confirmed it plans to shift its focus over to coal, as gas production declines and no other suitable sources have been found.

Genesis has made clear it sees a declining role for gas in electricity generation - despite the Government's attempts to get offshore oil and gas exploration going properly. 

Energy Resources Aotearoa CEO John Carnegie isn't surprised by this - given the associated challenges. 

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Topics

businessenergygasEnergy Resources AotearoaGenesis Energy