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5 Mar 2026 11:22:43

No change to government's LNG plans after global price spike

Posted: 03 Mar 2026

The government is brushing off accusations of naivety from the opposition over plans to pursue a liquefied natural gas (LNG) terminal as prices spike worldwide.

The Strait of Hormuz, a key shipping route connecting the Persian Gulf with open ocean, has effectively closed, after Iran said it would attack any ship trying to pass through.

Read more on RNZ News.