The Energy Minister says he's doing his best to improve the stability of energy supply. 

A new gas well at the Pohokura Production Station in Taranaki was switched on this morning. 

It will provide 4 petajoules of gas a year, which could power about 146,000 homes annually. 

Shane Jones says it won't be a silver bullet - but it will help. 

"So I'm working on various proposals as to how we can accelerate both money into the industry - and genuine economic ability."

LISTEN ABOVE

The Energy Minister says he's doing his best to improve the stability of energy supply.&nbsp;
A new gas well at the Pohokura Production Station in Taranaki was switched on this morning.&nbsp;
It will provide 4 petajoules of gas a year, which could power about 146,000 homes annually.&nbsp;
Shane Jones says it won't be a silver bullet - but it will help.&nbsp;
"So I'm working on various proposals as to how we can accelerate both money into the industry - and genuine economic ability."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Shane Jones: Energy Minister on the opening of a new production well in the Pohokura gas field

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ea526375-f33c-4a94-82f4-b29e00620218/transcript