There’s an expectation coal will become more popular as gas supply diminishes. 

Genesis Energy's signed a two-year agreement with BT Mining to supply 240 thousand tonnes of local coal to Huntly Power Station amidst electricity shortages. 

It's expected to boost the local economy and reduce reliance on Indonesian exports. 

CEO Malcolm Johns told Mike Hosking they've bought all the local coal for Huntly until now – about ten thousand tonnes a year. 

He says they now have a supply for ten thousand tonnes a month, economically competitive with Indonesian coal. 

LISTEN ABOVE 

There’s an expectation coal will become more popular as gas supply diminishes.&nbsp;
Genesis Energy's signed a two-year agreement with BT Mining to supply 240 thousand tonnes of local coal to Huntly Power Station amidst electricity shortages.&nbsp;
It's expected to boost the local economy and reduce reliance on Indonesian exports.&nbsp;
CEO Malcolm Johns told Mike Hosking they've bought all the local coal for Huntly until now – about ten thousand tonnes a year.&nbsp;
He says they now have a supply for ten thousand tonnes a month, economically competitive with Indonesian coal.&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, 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

Malcolm Johns: Genesis Energy CEO on the partnership with BT Mining to supply coal to Huntly Power Station

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/73047b1c-1fb0-474b-8cda-b360015d3a1f/transcript