New Zealand Reopens Oil and Gas Licensing ...Middle East

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New Zealand Reopens Oil and Gas Licensing
New Zealand has reopened for oil and gas exploration, ready to receive applications for exploration projects after a seven-year pause, following the lifting of a ban on such activity installed by the previous government. The country’s government will also accelerate the project approval process in a bid to enhance New Zealand’s energy security, local media reported. “Confidence in the gas sector took a significant hit when the exploration ban was introduced in 2018,” Resource Minister Shane Jones said, quoted by RNZ. “This…

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