Shane Jones: Resources Minister on the country's low gas production and reliance on coal

Gas prices could hike up due to the country's low gas production.  Figures from the Gas Industry Company show a 12.5% decrease in gas production last year, and almost 30% less has been produced than projected this year.  Resources Minister Shane Jones told Mike Hosking that he doesn’t want to catastrophize, but it’s very serious.   He said that after a long period of noninvestment in and stigmatization of the gas sector, we’re now increasingly relying on Indonesian coal to keep the lights on.  It will be a big challenge, Jones said, to convince foreigners and kiwis who have the money to continue to commit to the gas sector.  LISTEN ABOVE See omnystudio.com/listener for privacy information.