Two new oil and gas exploration permits issued

While seen by many as a sunset industry, two new oil and gas exploration permits have been granted. (Image: Getty)

Tue, 29 Jun 2021

After long delays the government has granted two new oil and gas exploration permits in the onshore Taranaki region.The permits were issued from the Block Offer 2019 round which followed the ban on new exploration permits anywhere except onshore in Taranaki.The Block Offer is a process where bids are made and accepted or declined by the government. The 2019 round was delayed as the new law restricting exploration was put in place and rules were worked out on what land would be available for exploration.The successful bidders were Greymouth Gas...

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