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Published 19 days ago

Overseas decommissioning models considered

Summary by The Beehive

Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand's own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand's energy sector as it looks to strengthen the economy. To do that, it is proposing further changes to the Crown Minerals Act 1991 while balancing

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Overseas decommissioning models considered

Overseas models for regulating the oil and gas sector, including their decommissioning regimes, are being carefully scrutinised as a potential template for New Zealand's own sector, Resources Minister Shane Jones says. The Coalition Government is focused on rebuilding investor confidence in New Zealand's energy sector as it looks to strengthen the economy. To do that, it is proposing further changes to the Crown Minerals Act 1991 while balancing

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