NZ Energy Market Brief

LNG Imports and Post-Gas Planning

LNG Imports and Post-Gas Planning

Key Questions

Why is LNG being considered in New Zealand's energy planning?

LNG is viewed as a near-term supply bridge to meet immediate energy needs. Attention is now shifting to long-term renewable options such as pumped hydro, biomethane, and hydrogen.

What is Meridian Energy's stance on LNG imports?

Meridian Energy challenges the need for LNG, arguing that existing dry-year cover from Huntly and Tiwai demand response is sufficient for the next decade. This position has created a key policy debate.

What renewable alternatives are being explored beyond gas?

The focus is on long-term renewables including pumped hydro, biomethane, and hydrogen. These are positioned as the primary options after the near-term use of LNG.

LNG seen as near-term supply bridge; focus shifting to long-term renewables including pumped hydro, biomethane and hydrogen. Meridian Energy now challenges the need for LNG, arguing existing dry-year cover (Huntly, Tiwai demand response) is sufficient for the next decade, creating a key policy debate. Sunda Energy's acquisition strategy adds a new producer with gas storage potential, signaling continued investment confidence in NZ gas.

Sources (1)
Updated Jun 8, 2026