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

 

New Survey Shows Increased Support For New Zealand’s Oil And Gas Industry

The public’s view towards New Zealand’s oil and gas industry has substantially improved over the last three years, according to the latest survey on behalf of the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

The UMR survey of 1,165 respondents was conducted in late 2020. Some of the key findings include:

- Around a quarter (24%) of respondents had a favourable opinion of the oil and gas industry, up from 21% last year and the highest on record since the survey began in March 2016.

- A major decline in people with an unfavourable view of the industry (halved from 32% in 2017 to just 16%).

- 68% agree it is better to produce natural gas here in New Zealand rather than import it.

"It’s pleasing to see increasing support with five out of six respondents having a favourable or neutral view," says PEPANZ CEO John Carnegie.

"It shows that New Zealanders sensibly recognise the important role oil and natural gas play in our economy and society.

"The majority of respondents agree with the economic benefits of oil and natural gas, and their importance to households and businesses (60% agree to 9% disagree). This suggests that any ban on new gas connections would be unpopular with the wider public.

"The role of natural gas in supporting and enabling renewable electricity will be crucial to - and beyond - our transition.

"This has been recognised by the Climate Change Commission who see this role for natural gas continuing until at least 2050.

"This is part of a new focus from us on explaining our sector’s role in a lower emissions world, constructively partnering with Government to achieve a balanced energy mix.

"Our educational website Energy Mix, the social media campaign Energy Voices, the skills development work by Energy Skills, and our publications are all part of this effort."

A full copy of the survey results is available at https://www.pepanz.com/oil-and-gas-new-zealand/public-opinion-on-oil-and-gas/.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>

Sci-Tech: Perseverance Rover Lands On Mars – Expert Reaction

NASA has landed a car-sized rover on the red planet to search for signs of past life. The vehicle has more instruments than the four rovers preceding it, and it’s also carrying gear that could help pave the way for human exploration of Mars. The ... More>>

ALSO:


ASB: Quarterly Economic Forecast Predicts OCR Hike As Early As August 2022

Predictions of interest rate rises have been brought forward 12 months in ASB’s latest Quarterly Economic Forecast. Chief Economist Nick Tuffley now expects the RBNZ to begin raising the OCR from its current level of 0.25% as early as August ... More>>

ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>

OECD: Unemployment Rate Stable At 6.9% In December 2020, 1.7 Percentage Points Higher Than In February 2020

The OECD area unemployment rate was stable at 6.9% in December 2020, remaining 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In December, the unemployment rate was also stable ... More>>

Stats NZ: Unemployment Drops To 4.9 Percent As Employment Picks Up

The seasonally adjusted unemployment rate dropped to 4.9 percent in the December 2020 quarter, from 5.3 percent in the September 2020 quarter, Stats NZ said today. Last quarter’s unemployment rate of 5.3 percent followed the largest increase observed ... More>>