Podcasts Other The Mike Hosking Breakfast Simon Craddock: Taranaki Port CEO on the ability of the port to import Liquefied Natural Gas by 2027

Simon Craddock: Taranaki Port CEO on the ability of the port to import Liquefied Natural Gas by 2027

Published: Aug. 26, 2024, 8:11 p.m.

Taranaki Port says it could be ready to import Liquefied Natural Gas by 2027, if Government passes new regulations. \xa0

Cabinet's agreed to end the ban stopping the imports in efforts to boost energy supply and ease power bills. \xa0

It will also speed up overturning a ban on oil and gas exploration, and will review the electricity market's performance.\xa0

The port's Chief Executive Simon Craddock told Mike Hosking that the infrastructure to import LNG could be ready in 18 months, \xa0

But, he says, it would take longer for vessels to be in the same position.\xa0

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