New Zealand government to reverse ban on oil and gas exploration

Oil rig at an undisclosed location

Removing the ban on petroleum exploration beyond onshore Taranaki in New Zealand is part of a suite of proposed amendments to the Crown Minerals Act to deal with the energy security challenges posed by rapidly declining natural gas reserves, New Zealand Resources Minister Shane Jones confirmed. Mr Jones said that the exploration ban introduced by […]

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Capt. John
Author: Capt. John

https://www.bairdmaritime.com/offshore/exploration-development/offshore-exploration/new-zealand-government-to-reverse-ban-on-oil-and-gas-exploration/

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