Simon Craddock: Taranaki Port CEO on the ability of the port to import Liquefied Natural Gas by 2027

The Mike Hosking Breakfast

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Taranaki Port says it could be ready to import Liquefied Natural Gas by 2027, if Government passes new regulations.

Cabinet's agreed to end the ban stopping the imports in efforts to boost energy supply and ease power bills.

It will also speed up overturning a ban on oil and gas exploration, and will review the electricity market's performance.

The port's Chief Executive Simon Craddock told Mike Hosking that the infrastructure to import LNG could be ready in 18 months,

But, he says, it would take longer for vessels to be in the same position.

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