Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Industry Supports National Party Energy Strategy

14 August 2008

Media Release

Exploration Industry Supports National Party Energy Strategy

The NZ Petroleum Exploration and Production Association said today the National Party’s energy policy would guarantee an affordable and secure supply of electricity for New Zealand.

Association Executive Officer John Pfahlert said the policy outlined the importance of gas to security of supply.

“This understanding of the major role gas plays in electricity generation is a very positive step for the future of both our sector, and for consumers,” he said.

“I’m also very pleased that a National Government will invest in seismic surveying for oil and gas in frontier areas, as this encourages offshore investment in the sector. As owner of the petroleum resource it’s up to the government to create an environment where that investment keeps being attracted to NZ.”

Mr Pfahlert said the policy was in line with the New Zealand Energy Strategy’s goals which promote affordability and security of supply.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Crown Accounts: Slightly Softer Growth Expected In PREFU

A slightly softer growth forecast is the main feature of largely unchanged Pre-election Fiscal Update compared to the Budget forecasts three months ago, Finance Minister Steven Joyce says. More>>


Water: Farming Leaders Pledge To Help Make Rivers Swimmable

In a first for the country, farming leaders have pledged to work together to help make New Zealand’s rivers swimmable for future generations. More>>


Unintended Consequences: Liquor Change For Grocery Stores On Tobacco Tax

Changes in the law made to enable grocery stores to continue holding liquor licences to sell alcohol despite increases in tobacco taxes will take effect on 15 September 2017. More>>

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>