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Stopping a future Labour government from shutting down gas exploration
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Stopping a future Labour government from shutting down gas exploration
A defiant Resources Minister Shane Jones has responded to Saturday’s environmental protests by ending Labour’s offshore oil exploration ban and calling for long-term contracts with any successful explorers. The purpose would be to prevent a future Labour Government from reversing any licence the explorers might hold. Jones sees a precedent in the original 1973 Maui gas contract, which saw the Crown not only become a 50 per cent shareholder in th…
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