Tenders open for what could be NZ's last gas exploration permits

What could be NZ's last offshore oil and and gas permit has been granted after a legal battle. (Image: Getty)

Tue, 28 Mar 2023

After long delays, a tender has opened for what could be the last oil and gas exploration permit in New Zealand.Also, Greymouth Gas Turangi has been granted an offshore exploration permit from an earlier tender round following a legal battle to overturn a rejection. Under the current law, this will be the last offshore permit granted.Sector regulator NZ Petroleum & Minerals (NZPM) launched the Block Offer 2020 tender on Tuesday. It is called this as it is the year the government began the process.Last block offerThe tender is only for...

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