Farewell Onslow, hello offshore oil and gas exploration

National, Act and NZ First all want offshore oil and gas exploration to resume. (Image: NZME)

Tue, 17 Oct 2023

After National forms a government once the final election results come in, two things are almost certain in energy policy no matter the final shape of that government.The Lake Onslow pumped hydro project will be given a quick death and moves will start to repeal the ban on offshore oil and gas exploration.Putting an end to the Onslow project is a relatively simple administrative task – a minister, once sworn in, tells officials to stop work.So far $30 million was budgeted to look at the feasibility of the idea and $69m to develop a detail...

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