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11 Jul 2025 15:15
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  •   Home > News > Business

    Importing liquefied natural gas could potentially require one billion dollars in capital investment

    Importing liquefied natural gas could potentially require one billion dollars in capital investment


    Major energy companies, Clarus , Contact Energy, Genesis Energy, Meridian Energy, and Mercury have commissioned two studies, looking into the option.

    Data out last month, shows New Zealand's domestic gas supply is reducing faster and sooner than previously forecast.

    Clarus chief executive Paul Goodeve says it would be expensive.

    But he says the group believes the value to the economy, by having certainty of supply, may make it worth while.

    © 2025 Newstalk ZB, NZCity

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    Patrick Tuipulotu can't wait to lock down alongside Fabian Holland in the All Blacks scrum, in tomorrow's second test against France in Wellington More...


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    People hoping to get their hands on cheaper butter, via fundraisers, may have to wait a little longer More...



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