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Podcast: The Mike Hosking Breakfast
Episode: Simon Watts: Energy Minister on the proposed plan for a LNG import facility
Description: There’s confidence a new gas importing facility will deliver benefits that outweigh the costs. The Government’s confirmed it will build a liquefied natural gas import facility in Taranaki, with a contract expected by mid-year. It says the project will save the country about $265 million annually – roughly $50 per household. Energy Minister Simon Watts told Mike Hosking that Huntly Power Station only covers 50% of the energy problem, and while they have gas generation capacity out there, they don’t have the fuel to run it during dry years.  He says it’s why they nee...