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Simeon Brown says LNG terminal remains ‘critically important’ after Methanex announces end to NZ operations
🇳🇿 New Zealand /Energy & Infrastructure

Simeon Brown says LNG terminal remains ‘critically important’ after Methanex announces end to NZ operations

From NZ Herald · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Energy Minister Simeon Brown said a proposed liquefied natural gas import terminal remains critically important to New Zealand.
  • His comments followed Methanex’s announcement that it plans to wind down its New Zealand operations.
  • Opposition parties said the company’s planned shutdown weakened the case for building the terminal.

Energy Minister Simeon Brown says New Zealand still needs a liquefied natural gas import terminal, even after the country’s largest gas user announced plans to wind down its operations.

Brown described construction of the terminal as “critically important” for New Zealand. His comments came after Taranaki-based Methanex said it would sell its remaining contractual New Zealand natural gas.

The announcement has prompted opposition parties to question whether the terminal remains justified. They say the planned shutdown has cast doubt on the case for the project.

critically important

— Simeon BrownThe energy minister’s description of the proposed LNG import terminal’s importance to New Zealand.
About this summary

Originally published by NZ Herald. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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