Govt risk from Tamarind's onshore activities limited - Woods

Thu, 18 Jun 2020

The government says it has taken additional measures to ensure Tamarind Resources meets obligations under its remaining New Zealand oil and gas licences. The firm, which surrendered the offshore Tui oil field earlier this year after the collapse of its Tamarind Taranaki business in December, also operates a handful of onshore production and exploration permits in Taranaki. Energy and Resources Minister Megan Woods said Tamarind NZ Onshore, the operator of those remaining assets, is a separate legal entity to the failed Tui operator and ha...

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