Top oil analyst slams 'errors and misrepresentations' in govt's offshore exploration ban

Fri, 25 May 2018

By Pattrick Smellie May 25 (BusinessDesk) - Government ministers are peddling a range of "incorrect or misleading" arguments about the impact of its ban on issuing new licences for offshore oil and gas exploration, says leading oil and gas sector analyst John Kidd in a note for clients of investment advisory house Woodward Partners. Released on the same day as Prime Minister Jacinda Ardern held meetings with oil and gas industry representatives in the energy-rich Taranaki province, Kidd homes in on what he says is inadequate understanding...

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