John Carnegie: Energy Resources Aotearoa CEO 'unsurprised' by Genesis Energy slowing down gas production

from Best of Business · host Newstalk ZB

Genesis Energy has confirmed it plans to shift its focus over to coal, as gas production declines and no other suitable sources have been found. Genesis has made clear it sees a declining role for gas in electricity generation - despite the Government's attempts to get offshore oil and gas exploration going properly.  Energy Resources Aotearoa CEO John Carnegie isn't surprised by this - given the associated challenges.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

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