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annual report

Gas

Natural gas production continued to decline in 2025, with major gas users responding. Expected production over the coming years indicates supply constraints will continue to impact gas use within New Zealand.

What is geothermal and how is it important to New Zealand?

Our unique geology provides New Zealand with an extraordinary opportunity to harness a powerful and versatile natural resource with diverse applications. Stunning vistas showcasing our globally significant taonga, combined with early innovation in energy development, laid the foundation for New Zealand’s energy profile and propelled us forward as a global geothermal leader.