BusinessNZ has welcomed the announcement of block offer permit awards for petroleum exploration in offshore and onshore locations around Northland, East Coast, Taranaki and the South Island....
BusinessNZ says today’s announcement by the Government that designated blocks of land and sea are being made available to international companies for petroleum exploration is a welcome signal for investment in our economy....
The award of 10 new exploration permits is a step towards better development of New Zealand's petroleum resource with oil and gas resources having the potential to create significant economic growth and moves to responsibly develop them are in the national interest....
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