New Zealand opens a three-month tender for a fourth petroleum exploration permit in the Waikato region. Resources Minister Shane Jones stated the move aims to address declining gas production and support electricity security.
New Zealand has launched a three-month tender for a fourth petroleum exploration permit following the government's decision to lift a ban on new exploration. The application, submitted by a joint venture including East Coast Energy Ventures Limited, targets onshore and offshore areas in Waikato.
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