Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Energy Quarterly: Oil production, exports return to trend

Media release

19 June 2014

Oil production, exports return to trend; Renewable electricity generation 79%

The Ministry of Business, Innovation and Employment today released the March quarter 2014 edition of the New Zealand Energy Quarterly.

The report contains the Ministry’s latest data and analysis of energy supply and demand.

“In the March quarter 2014 oil production returned to trend with the Maari field returning to full production,” says Bryan Field, MBIE’s Manager of Modelling & Sector Trends.

Despite being shut down for maintenance for several months, Maari remained New Zealand’s second largest oil producing field in 2013, producing an average of 5,300 barrels per day of high quality crude oil.

“Renewable electricity generation also featured strongly in the March quarter 2014, generating 79% of New Zealand’s electricity.

“The share of electricity generated from renewable energy in the March quarter 2014 was higher than the previous March quarter value of 73%. This was due to more normal hydro inflows in the March quarter 2014, and some new geothermal electricity plants being commissioned,” Mr Field says.

The New Zealand Energy Quarterly report is available from the Ministry’s Economic Development website at: Detailed data tables are also available on the same website at:


© Scoop Media

Business Headlines | Sci-Tech Headlines


Shocking Dairy Footage: MPI Failing Our Animals And Damaging Our Reputation

Greens “Nathan Guy needs to urgently look into how his ministry is enforcing animal welfare standards, how these appalling incidents happened under its watch and what it’s going to do prevent similar incidents happening again in the future." More>>


Land & Water Forum: Fourth Report On Water Management

The Land and Water Forum (LWF) today published its fourth report, outlining 60 new consensus recommendations for how New Zealand should improve its management of fresh water and calling on the Government to urgently adopt all of its recommendations from earlier reports. More>>



Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news