John Carnegie: Energy Resources Aotearoa CEO urges the Government to underwrite oil and gas exploration risks

03/12/2024 8 min
John Carnegie: Energy Resources Aotearoa CEO urges the Government to underwrite oil and gas exploration risks

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Episode Synopsis

Energy Resources Aotearoa says gas producers were severely damaged by the previous ban on oil and gas exploration.  It's asked the Government to underwrite the risk of oil and gas exploration.  Government ministers say they've made no decisions.  Energy Resources Aotearoa chief executive John Carnegie says it would only protect the sector from pernicious future policy changes.  "Oil and gas exploration companies are worried that any investment they make in New Zealand could be eroded or stripped away if the Government changes." LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.

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