$200m set aside for Crown stake in new gas fields through Budget 2025
Published: 22 May 2025
The Government has set aside a tagged contingency of $200 million over 4 years for co-investment in new gas fields through Budget 2025.
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The structure of investments is still being worked through, but could see the Crown, subject to Cabinet consideration, take a commercial stake of up to 10-15% in new gas field developments that feed the domestic market.
Read more in the Minister's announcement:
$200m set aside for Crown stake in new gas fields(external link) — Beehive.govt.nz
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