Shane Jones: Energy Minister on the opening of a new production well in the Pohokura gas field

Best of Business · Mar 12, 2025 · 5m · transcript

The Energy Minister says he's doing his best to improve the stability of energy supply.

A new gas well at the Pohokura Production Station in Taranaki was switched on this morning.

It will provide 4 petajoules of gas a year, which could power about 146,000 homes annually.

Shane Jones says it won't be a silver bullet - but it will help.

"So I'm working on various proposals as to how we can accelerate both money into the industry - and genuine economic ability."

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