Page 32 - John Carnegie News Today : Breaking News, Live Updates & Top Stories | Vimarsana

“Importing natural gas from Australia in the form of [liquefied natural gas] would be crazy when we have our own local resources here. “More than likely it would mean higher energy prices for consumers and higher emissions from shipping [it] here.” Carnegie said it means New Zealand would be funding the Australian economic recovery, instead of generating jobs and royalties for itself. “If we’re going to keep using natural gas until at least 2050 as the Climate Change Commission acknowledges, surely it’s better to produce it locally.” But a spokesman for GIC said the implica...

Business Scoop provides news and views on Business and Markets from New Zealand

Source: PEPANZ The mothballing of a Methanex plant at Waitara Valley is disappointing for the workers, their families and Taranaki, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ). “This reinforces how important a secure long-term supply of natural gas is to our economy and especially our export industries,” says PEPANZ Chief Executive John Carnegie. Methanex uses nearly half of New Zealand’s natural gas production to create methanol, which is an essential ingredient used in hundreds of everyday consumer and industrial items. It is a...

Taranaki's unemployment levels to rise from methanol plant closure

Press Release – PEPANZ The publics view towards New Zealands oil and gas industry has substantially improved over the last three years, according to the latest survey on behalf of the Petroleum Exploration and Production Association of New Zealand (PEPANZ). The UMR … The public’s view towards New Zealand’s oil and gas industry has substantially improved over the last three years, according to the latest survey on behalf of the Petroleum Exploration and Production Association of New Zealand (PEPANZ). The UMR survey of 1,165 respondents was conducted in late 2020. Some of the key findi...