Insight
Gas upgrade buys New Zealand more time
This report is currently unavailable
Report summary
A 37% upgrade in New Zealand’s gas reserves has pushed an anticipated shortfall from 2018 to 2022, buying the country valuable time to make decisions about its future energy strategy. However, a gas supply deficit still looms for New Zealand unless additional supplies can be realised. Recent exploration has been disappointing and LNG imports have been discussed as being an alternative to domestic production, but the increase in the cost of gas could damage the industrial sector.
Table of contents
- Executive Summary
- Gas in New Zealand
- Gas reserves increased
-
Implications for New Zealand’s energy outlook
- Additional domestic supply
- LNG
- Long term implications and actions
Tables and charts
This report includes 7 images and tables including:
- New Zealand gas production (1990-2025)
- Taranaki Basin - New Zealand
- Reserves change by field
- Electricity output by source
- Gas demand by sector
- Additional supply provided by reserves increase
- Discovered gas resource through time
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Battle for the future 2023: Plummeting solar costs remake the power landscape in Asia Pacific
Analysis and outlook for APAC power technology and generation cost trends, including LCOE data and assumptions covering 26 technologies.
$15,000
Asset Report
Havieron copper mine project
A detailed analysis of the Havieron copper mine project.
$2,250
Insight
Asia-Pacific upstream in brief
This rolling document gives our opinion and analysis of the latest events and trends in Asia-Pacific's upstream sector.
$1,350
