Taranaki Port says it could be ready to import Liquefied Natural Gas by 2027, if Government passes new regulations. 

Cabinet's agreed to end the ban stopping the imports in efforts to boost energy supply and ease power bills. 

It will also speed up overturning a ban on oil and gas exploration, and will review the electricity market's performance.

The port's Chief Executive Simon Craddock told Mike Hosking that the infrastructure to import LNG could be ready in 18 months, 

But, he says, it would take longer for vessels to be in the same position.

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Taranaki Port says it could be ready to import Liquefied Natural Gas by 2027, if Government passes new regulations.  
Cabinet's agreed to end the ban stopping the imports in efforts to boost energy supply and ease power bills.  
It will also speed up overturning a ban on oil and gas exploration, and will review the electricity market's performance. 
The port's Chief Executive Simon Craddock told Mike Hosking that the infrastructure to import LNG could be ready in 18 months,  
But, he says, it would take longer for vessels to be in the same position. 
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,...

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