Insight

How will New Zealand mitigate gas shortage?

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New Zealand is an isolated gas market. The country meets all of its gas demand with domestic production and the infrastructure is concentrated in the North Island. Drought conditions and a downgrade in domestic production created a gas shortage crisis in 2024. In this insight, we will discuss critical topics such as: What are the drivers and outcomes of gas shortage in New Zealand? How does the supply and demand outlook for the next 10 years look like? Government position on upstream exploration and LNG imports What are the challenges of importing LNG into the country?

Table of contents

  • Background
  • What is happening?
  • Government plan
  • Our take

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What's included

This report contains:

  • Document

    How Will New Zealand Mitigate Gas Shortage.pdf

    PDF 738.58 KB