Middle East conflict clouds case for Port Taranaki LNG terminal as gas prices surge

Middle East conflict clouds case for Port Taranaki LNG terminal as gas prices surge

Jamie GrayBusiness Reporter·NZ Herald·30 Oct, 2026 04:00 PM8 mins to read‌The case for LNG has changed since it was first mooted. The case for LNG has changed since it was first mooted. The Government’s case for importing liquefied natural gas looks different from when it unveiled plans for an LNG terminal after the winter 2024 power price spike. Since then, global liquefied natural gas (LNG) prices have surged amid the conflict in the Middle East, local gas-fired power generation has been scaled

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