1 00:00:00,120 --> 00:00:02,400 Speaker 1: So in new reports is that we can import liquefied 2 00:00:02,480 --> 00:00:04,840 Speaker 1: natural gas into the country. It is possible, but it 3 00:00:04,880 --> 00:00:07,760 Speaker 1: is expensive and we would only use it occasionally. The 4 00:00:07,800 --> 00:00:10,680 Speaker 1: report's been commissioned by our four main power companies. Paul 5 00:00:10,680 --> 00:00:13,280 Speaker 1: Goodeve is the Claris chief executive, the gas company involved 6 00:00:13,320 --> 00:00:13,640 Speaker 1: in with us. 7 00:00:13,680 --> 00:00:16,280 Speaker 2: Now morning, Paul, Lorena, Heather, how are you? 8 00:00:16,320 --> 00:00:17,840 Speaker 1: I'm very well, thank you. So it will cost up 9 00:00:17,840 --> 00:00:19,840 Speaker 1: to a billion dollars. This is a pipe dream, then, 10 00:00:19,920 --> 00:00:20,240 Speaker 1: isn't it. 11 00:00:21,440 --> 00:00:24,439 Speaker 2: I think that we shouldn't get fixated on the costs. 12 00:00:24,560 --> 00:00:27,680 Speaker 2: I think the most important thing about allergy or any 13 00:00:27,800 --> 00:00:30,240 Speaker 2: energy form is not what a cost, is the value 14 00:00:30,240 --> 00:00:33,159 Speaker 2: that it brings. And what we saw last winter is 15 00:00:33,200 --> 00:00:36,400 Speaker 2: the cost of not having a fuel like this. And 16 00:00:37,240 --> 00:00:40,280 Speaker 2: that's what we want to think about, is not we 17 00:00:40,360 --> 00:00:42,320 Speaker 2: know that we can do it. Now, we've got to 18 00:00:42,320 --> 00:00:45,040 Speaker 2: work out whether it's actually worth doing it, and if 19 00:00:45,040 --> 00:00:47,080 Speaker 2: the focus needs to be on the value that it brings, 20 00:00:47,120 --> 00:00:48,200 Speaker 2: not necessarily the cost. 21 00:00:48,320 --> 00:00:50,479 Speaker 1: Well, well, I mean, I guess that's what I'm getting to, right. 22 00:00:50,600 --> 00:00:52,720 Speaker 1: Is it worth doing it if it costs up to 23 00:00:52,760 --> 00:00:55,080 Speaker 1: a billion dollars and we only, as you guys say, 24 00:00:55,160 --> 00:00:56,040 Speaker 1: use it occasionally. 25 00:00:57,040 --> 00:01:00,640 Speaker 2: I think that that is the next stage of work 26 00:01:00,680 --> 00:01:03,600 Speaker 2: that we need to undertake is to ascertain where it 27 00:01:03,640 --> 00:01:06,600 Speaker 2: fits in the scheme of music engenergy system. What we 28 00:01:06,640 --> 00:01:11,000 Speaker 2: did some work on was both a standard sized imputation terminal, 29 00:01:11,040 --> 00:01:13,520 Speaker 2: which like you said, is a very significant capital cost, 30 00:01:13,560 --> 00:01:17,000 Speaker 2: but we also looked at a smaller, maybe more New 31 00:01:17,120 --> 00:01:22,120 Speaker 2: Zealand appropriate sized project which would be able, which we 32 00:01:22,319 --> 00:01:24,560 Speaker 2: be able to do for probably a capital cost of 33 00:01:24,600 --> 00:01:26,039 Speaker 2: around two hundred million plus. 34 00:01:26,240 --> 00:01:27,840 Speaker 1: Okay, So which would you go for? Would you go 35 00:01:27,920 --> 00:01:29,680 Speaker 1: for the big one that costs a loss but the 36 00:01:29,720 --> 00:01:32,040 Speaker 1: gas is cheaper or the small one that costs less 37 00:01:32,040 --> 00:01:33,639 Speaker 1: but the gas is twenty five percent more. 38 00:01:33,480 --> 00:01:36,800 Speaker 2: Expensive And that's that is the issue that we need 39 00:01:36,840 --> 00:01:38,640 Speaker 2: to work through now, and so that is part of 40 00:01:38,640 --> 00:01:42,720 Speaker 2: the reason that we are issuing this report with our partners, 41 00:01:42,920 --> 00:01:44,760 Speaker 2: so that we can have a discussion about what the 42 00:01:44,760 --> 00:01:46,880 Speaker 2: best best solution for a new. 43 00:01:46,840 --> 00:01:49,080 Speaker 1: Gene you could import al and g Paul, would you. 44 00:01:50,680 --> 00:01:52,960 Speaker 2: I certainly think it's part of the energy mix that 45 00:01:53,200 --> 00:01:56,400 Speaker 2: we need to fuel our economy going forward. So we 46 00:01:56,600 --> 00:02:01,640 Speaker 2: are we are advocates of having a range of fuel 47 00:02:01,720 --> 00:02:04,040 Speaker 2: twenties zone the energy system, and I think Gullanty is 48 00:02:04,040 --> 00:02:05,040 Speaker 2: part of that next all. 49 00:02:05,000 --> 00:02:07,640 Speaker 1: Right, Thanks Paul Paul good Eve, Clari's chief executive. 50 00:02:08,200 --> 00:02:11,120 Speaker 2: For more from the Mic Asking Breakfast, listen live to 51 00:02:11,240 --> 00:02:14,280 Speaker 2: news talks it'd be from six am weekdays, or follow 52 00:02:14,320 --> 00:02:15,840 Speaker 2: the podcast on iHeartRadio