CORRECT: 'Trillions of cubic metres' of undiscovered offshore gas still available under existing permits, govt says

Wed, 11 Apr 2018

(corrects reference to licence holder in 8th paragraph) By Pattrick Smellie April 12 (BusinessDesk) - The government is seeking to head off criticism of its decision to stop granting offshore oil and gas exploration permits by talking up the potential for a major oil and gas find in the Barque prospect, off the Canterbury coast. Oil and gas industry participants appeared blind-sided by the announcements, with the country's largest gas user, Methanex, saying it would be issuing a public statement "in the next couple of hours" and New Ze...

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