MIL-OSI New Zealand: Energy – Cautious welcome of new natural gas reserves

Source: Energy Resources Aotearoa
New data showing a 2.6% increase in proved plus probable (2P) gas reserves estimates over the past year has been welcomed, but with a note of caution from Energy Resources Aotearoa.
“It’s good news for New Zealand to see a small increase in the amount of reserves expected from the Maui and Turangi fields, given the current energy shortage we are grappling with,” says chief executive John Carnegie.
“However, reserves are theoretical until actually produced. Investment into existing assets is underway which is great news in the medium term, but beyond that we are still extremely concerned.

Related Keywords

Turangi ,New Zealand General ,New Zealand ,Australia ,John Carnegie ,Energy Resources Aotearoa ,Gas Industry Company ,Zealand Oil ,Energy Resources ,New Zealand Oil ,துறடங்கி ,புதியது ஜீலாந்து ,ஆஸ்திரேலியா ,ஜான் கார்னகி ,வாயு தொழில் நிறுவனம் ,ஜீலாந்து எண்ணெய் ,ஆற்றல் வளங்கள் ,புதியது ஜீலாந்து எண்ணெய் ,