New Zealand Reopens Oil and Gas Licensing

New Zealand Reopens Oil and Gas Licensing

New Zealand has reopened for oil and gas exploration, ready to receive applications for exploration projects after a seven-year pause, following the lifting of a ban on such activity installed by the previous government. The country’s government will also accelerate the project approval process in a bid to enhance New Zealand’s energy security, local media reported. “Confidence in the gas sector took a significant hit when the exploration ban wa…

New Zealand opens applications for oil and gas exploration nationwide

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