Troy MatichPolitical Journalist·Newstalk ZB·2 Jun, 2026 05:00 PM4 mins to read‌Prime Minister Christopher Luxon said that the possibility of the ban on offshore gas exploration returning under a Labour-led Government could "pose an insurmountable barrier for some investors". The Ministry of Business, Innovation and Employment has received 11 expressions of interest for the Government’s $200 million fund to co-invest in gas exploration projects since January, according to figures released to Newstalk ZB under the Official Information Act.

The Gas Security Fund was originally announced in Budget 2025 for