A new lease on life for the gas industry, with the Government's $200 million exploration fund already catching the eye of private companies.  

Newstalk ZB can reveal there have been 11 expressions of interest since January.  

Resources Minister Shane Jones expects the bulk of approved projects to be based in Taranaki. 

Energy Resources Aotearoa Chief Executive John Carnegie told Heather du Plessis-Allan it's a vote of confidence in the sector, and particularly the region. 

He says it counters the myth there's no natural gas and shows there are still people looking seriously at opportunities. 

Carnegie says we simply can't wait until the gas shortage becomes even more severe for homes and businesses before starting to rebuild our supply. 

LISTEN ABOVE 

A new lease on life for the gas industry, with the Government's $200 million exploration fund already catching the eye of private companies. &nbsp;
Newstalk ZB can reveal there have been 11 expressions of interest since January. &nbsp;
Resources Minister Shane Jones expects the bulk of approved projects to be based in Taranaki.&nbsp;
Energy Resources Aotearoa Chief Executive John Carnegie told Heather du Plessis-Allan it's a vote of confidence in the sector, and particularly the region.&nbsp;
He says it counters the myth there's no natural gas and shows there are still people looking seriously at opportunities.&nbsp;
Carnegie says we simply can't wait until the gas shortage becomes even more severe for homes and businesses before starting to rebuild our supply.&nbsp;
LISTEN ABOVE&nbsp;

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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,...

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John Carnegie: Energy Resources Aotearoa CEO on the expressions of interest in the Government's gas exploration fund

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b9622b39-0e71-4a3b-b68a-b45d01508635/transcript