Thursday, 11 March 2021, 3:25 pm
KiwiRail and Te Ātiawa o Te Waka-a-Māui Trust today
recognised the importance of their partnership by signing a
Kawenata - a formal relationship agreement.
The Kawenata,
which was signed at Waikawa Marae, is the first of its kind
to be signed by KiwiRail and marks a step forward in the
company’s relationships with local iwi throughout
Aotearoa.
The Kawenata recognises the importance of the
partnership between KiwiRail and Te Ātiawa o Te
Waka-a-Māui and lays the cornerstone for a long-standing
relationship based on shared values and mutual
understanding.
It was signed by KiwiRail’s Chief
New Zealand is now heavily dependent on development and production in Taranaki, given the absence of affordable and realistic fuel sources to natural gas, he said. Carnegie said if NZOG had made a successful find of oil and gas from the field it could have helped lower emissions by replacing burning coal to generate electricity, power industry, provide employment and earn billions of dollars in taxes and royalties. Looming gas shortages have forced a third coal-fired electricity unit at Huntly power station to be restored. “This is a worrying foretaste of the future,” Carnegie said. Carnegie said locally produced natural gas would help achieve a transition to a low-emissions economy better than importing LPG.
Source:Â PEPANZ
The surrender of the final exploration permit outside of Taranaki is the disappointing end of an era and a further blow to New Zealandâs energy security, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ).
New Zealand Oil and Gas announced today it is surrendering the Toroa permit in the Great South Basin.
âThis is not surprising news, but still disappointing,â says PEPANZ chief executive John Carnegie.
âA successful find could have helped lower emissions here in New Zealand and around the world by replacing coal for industrial use and electricity generation.
âJust last month it was announced the Huntly power station is bringing a third coal-fired electricity unit out of storage due in part to looming shortages in the gas market. This is a worrying foretaste of the future.
Press Release – PEPANZ A new investigation into how imported LNG might be needed to keep the lights on is disappointing but unsurprising, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ). The Gas Industry Company (GIC) has requested …
A new investigation into how imported LNG might be needed to keep the lights on is disappointing but unsurprising, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ).
The Gas Industry Company (GIC) has requested proposals for a study into the practicalities of importing LNG to fill gaps in our energy system, as part of a wider study into gas market settings requested by the Minister of Energy and Resources.