John Carnegie: Energy Resources Aotearoa CEO on $200 million contingency fund for new gas fields
Update: 2025-05-22
Description
An oil and gas lobby group is celebrating the Government's 200 million dollars for gas fields.
Resource Minister Shane Jones announced the money would be used to co-invest with developers to start new fields.
Energy Resource Aotearoa Chief Executive John Caregie told Mike Hosking it's a positive signal to the sector.
He says it will tilt the economic signals from negative to neutral.
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