The Government will remove the 2018 ban on petroleum exploration beyond onshore Taranaki.
The decision's being labelled a 'backwards step' by environmentalist groups.
Energy Resources Aotearoa Chief Executive, John Carnegie, told Mike Hosking “In New Zealand, the ironic thing is coal has been a balancing energy fuel.”
Carnegie said “There’s plenty of gas here, it’s just a matter of getting more explorers down here and having more wells drilled to find it.”
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Leeann Watson: Business Canterbury CEO on the number of international business delegates visiting New Zealand rising by 50%
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Catherine Beard: Business NZ Advocacy Director on the Government's loan scheme to help businesses transition from natural gas
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Todd Barberel: WellingtonNZ General Manager Destination and Marketing on a drop in cruise visits
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