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New Zealand s government said
on Sunday it would introduce legislation to remove a
controversial ban on offshore petroleum exploration to attract
investment to the country s oil and gas sector. .
Removing the ban on petroleum exploration beyond onshore Taranaki is part of a suite of proposed amendments to the Crown Minerals Act to deal with the energy security challenges posed by rapidly declining natural gas reserves, Resources Minister Shane .
New Zealand to Reverse its 2018 Offshore Oil Exploration Ban maritime-executive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maritime-executive.com Daily Mail and Mail on Sunday newspapers.