The Prime Minister believes natural gas could be found if investors are encouraged to look for it. 

Cabinet has agreed to cut regulation, reverse a ban on oil and gas exploration, and review the electricity market's performance.

Opposition to the proposal believes there isn't anything to be found. 

But Christopher Luxon told Mike Hosking that investors have just been avoiding New Zealand because of its anti-exploration attitude. 

He says a change to the settings will mean the companies have more confidence to invest in finding oil and gas.

LISTEN ABOVE

The Prime Minister believes natural gas could be found if investors are encouraged to look for it.  
Cabinet has agreed to cut regulation, reverse a ban on oil and gas exploration, and review the electricity market's performance. 
Opposition to the proposal believes there isn't anything to be found.  
But Christopher Luxon told Mike Hosking that investors have just been avoiding New Zealand because of its anti-exploration attitude.  
He says a change to the settings will mean the companies have more confidence to invest in finding oil and gas. 
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Christopher Luxon: Prime Minister says natural gas could be found if there was incentive to find it

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e510b1c6-2ef3-481a-ab7d-b1d8014e2eaa/transcript

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