Gas security fund opens
Published: 13 January, 2026
Regional Economic Development and Investment Unit (Kānoa) is calling for expressions of interest for co-investment proposals that will accelerate or increase the volume of gas to market or provide storage for managing seasonal demand.
Funding for successful projects will come from the newly established $200 million Gas Security Fund. The fund is designed to increase the availability of natural gas in New Zealand to ensure a reliable supply as the country transitions towards more renewable energy sources.
The fund is looking for projects that deliver benefits in the short, medium, and long term, as well as initiatives that improve storage, so more gas is available for businesses and homes that rely on it.
The opening of expressions of interest follows the Government’s 6 November 2025 announcement that it has broadened the fund’s scope from new exploration to include storage options and existing fields.
Widened scope for co-investment in new gas — beehive.govt.nz
More information and a link to submit an expression of interest is on our website.