Thursday, 31 July 2008

For immediate release

New energy publication released

The Ministry of Economic Development (MED) today released a new publication in its energy information series.

Oil: An Introduction for New Zealanders has been written by Ralph D Samuelson PhD, Chief Advisor – Energy Modelling at MED.

This publication is intended for anyone with an interest in oil, and energy sources generally It is wide-ranging and designed for easy reading. Topics covered include:

• Oil production and refining technology
• Uncertainties surrounding statistics on world oil reserves and resources
• Alternatives to oil for the future
• Management of New Zealand’s oil resources
• The structure and regulation of our oil industry
• The relationship of oil to financial markets
• The economics of exhaustible resources
• New Zealand’s involvement with international efforts to promote oil security.

Oil: An Introduction for New Zealanders is the latest addition to a suite of energy-related publications produced by MED. It is available in hard copy for $30 (including GST) or may be downloaded free of charge by going to http://www.med.govt.nz/energy/oilintro/. MED also provides up-to-date information via its Energy Data web pages at www.med.govt.nz/energy/data/.

ENDS