We are required to report quarterly to the Minister for Energy on our progress towards meeting the Government's objectives and outcomes for the gas industry.
We report that New Zealand's energy markets remain stressed, however the Methanex arrangement with Contact and Genesis, recent rainfall, and increased wind generation have eased the immediate pressure on gas supply. We provide the latest production and consumption data and update on our work in progress for the September quarter.
Read moreWe report that New Zealand's energy markets are stressed and that we expect stressed market conditions to continue next year, with the level of stress determined by results from development drilling and hydro lake levels. We provide the latest production and consumption data and update on our work in progress for the June quarter.
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