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Fri, Aug

New Zealand ends Ardern-era ban on oil and gas exploration

New Zealand ends Ardern-era ban on oil and gas exploration

World Maritime
New Zealand ends Ardern-era ban on oil and gas exploration

Resources Minister Shane Jones, an advocate for the fossil fuel sector, said Ardern's ban had reduced new investment in the oil and gas sector and exacerbated domestic energy shortages.

“This government is pragmatic about the vital role natural gas will play in our energy mix in the decades ahead and we have set a course for greater energy security backed by our own indigenous reserves,” Jones said.

The bill passed by 68 votes to 54.

(Reporting by Christine Chen in Sydney; Editing by Tom Hogue)

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