Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Oil and gas Block Offer 2013 gets under way

Hon Phil Heatley
Minister of Energy and Resources

8 November 2012

Oil and gas Block Offer 2013 gets under way

Energy and Resources Minister Phil Heatley has welcomed the start of the Block Offer 2013 process for awarding oil and gas exploration permits.

The Ministry of Business, Innovation and Employment today released the proposed areas for onshore and offshore exploration – in Northland, Taranaki, the East Coast, Canterbury and Southland – and has started consultation with relevant iwi and councils.

“Oil and gas happily co-exist with agriculture and tourism in Taranaki to everyone’s benefit. The same formula can work just as well in other areas, growing the local and national economies,” Mr Heatley said.

“The existing oil and gas operations in Taranaki contribute $2 billion to our GDP and support over 5000 jobs in the region, underpinning what has become a very vibrant community.

“At national level, New Zealand’s current share of annual revenue is typically $400 million in royalties and $300 million in company tax. This equates to 42 per cent of company profit over the life cycle of an operation.

“We don’t necessarily expect exploration to be undertaken in all the blocks on offer, but we need to find out what’s out there and use that information to further develop New Zealand’s resource wealth.

“I encourage iwi and councils to participate in this process. Their feedback ensures that areas of sensitivity are carefully considered before the areas to be tendered are finalised.”

2013 will be the second year in which the Government will use a block offer annual competitive tender process to allocate permits for oil and gas exploration. Block offers replaced the Priority in Time (first-in first-served) process used in previous years.

The ministry is consulting with relevant iwi and councils between 9 November 2012 and 30 January 2013.

A map of the proposed blocks is available here.

Further information on Block Offer 2013 is available at www.nzpam.govt.nz/cms/petroleum/block-offers.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Closing Schools And Such: Interim Redcliffs Decision Announced

“While the school’s board has argued that circumstances that could give rise to potential disruption are extremely unlikely, advice from technical experts has shown these concerns cannot be ruled out." More>>


Jane Kelsey: High Court Can’t Make Groser Provide TPPA Information Faster

‘This week we went back to court to challenge Trade Minister Groser’s stalling tactics over the release of information on the Trans-Pacific Partnership Agreement negotiations, following a High Court order that he reconsider the Official Information Act request I made last January’, said University of Auckland law professor Jane Kelsey, first applicant in the case. More>>

Werewolf 58: No Climate For Change

The last time the global community tried to take collective action on climate change the world’s leaders finally came to agree that every not-too-onerous effort should be made to hold global warming to 2°C above the pre-industrial average. At Paris, all 150 participant countries nations will have put forward their pledges... On the information available, New Zealand's is the second weakest contribution of any nation in the developed world. More>>


Lambton Quay Shutdown: Object Was Made To Look Like Bomb

Police cordoned off part of Lambton Quay Wednesday afternoon, saying that a suspicious package had been found. Buildings were evacuated and buses were detoured. The army’s explosive ordnance disposal unit was brought to the Quay. More>>


Public Sector Still Shrinking: Record Low Number Of 'Backroom Bureaucrats'

Ongoing restraint in the public sector and a focus on better frontline services has seen a further reduction in the number of core Government employees, State Services Minister Paula Bennett says. More>>


Disobeying The Law: Police Censorship Of Crime Research “An Outrage”

The Green Party is calling on Police Minister Michael Woodhouse to ensure Police scrap controversial contracts that place onerous restrictions on academic researchers’ access to Police data, the Green Party says. More>>


Q+A Transcript: Groser ‘Not Expecting’ Failure At UN Climate Talks

‘I will be very surprised if we don’t get an agreement. I think it’s a completely different situation to Copenhagen for a number of reasons. We’ve got a much more realistic negotiating proposal on the table. Secondly, I think the science has strengthened...’ More>>


Greenpeace Protest:

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news