Genesis Energy has confirmed it plans to shift its focus over to coal, as gas production declines and no other suitable sources have been found.

Genesis has made clear it sees a declining role for gas in electricity generation - despite the Government's attempts to get offshore oil and gas exploration going properly. 

Energy Resources Aotearoa CEO John Carnegie isn't surprised by this - given the associated challenges. 

LISTEN ABOVE

Genesis Energy has confirmed it plans to shift its focus over to coal, as gas production declines and no other suitable sources have been found.
Genesis has made clear it sees a declining role for gas in electricity generation - despite the Government's attempts to get offshore oil and gas exploration going properly.&nbsp;
Energy Resources Aotearoa CEO John Carnegie isn't surprised by this - given the associated challenges.&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

John Carnegie: Energy Resources Aotearoa CEO 'unsurprised' by Genesis Energy slowing down gas production

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1927b31d-09f4-49fa-8412-b2c2007b2dfe/transcript