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Labour reinstating an oil and gas exploration ban would be "an enormous shot in the foot" - Echelon Resources CEO

Author
Newstalk ZB,
Publish Date
Wed, 28 Aug 2024, 8:49am
Photo / NZ Herald
Photo / NZ Herald

Labour reinstating an oil and gas exploration ban would be "an enormous shot in the foot" - Echelon Resources CEO

Author
Newstalk ZB,
Publish Date
Wed, 28 Aug 2024, 8:49am

An energy sector leader is slamming the opposition's plans to bring back the oil and gas exploration ban.  

Labour suggests renewable energy options should take precedence. 

Meanwhile, the Government's aiming to reverse the ban, with Resources Minister Shane Jones says natural gas is critical to keeping the lights on. 

Echelon Resources Chief Executive Andrew Jeffries told Mike Hosking gas can provide a backup for us. 

He says it provides jobs, tax revenue, and security. 

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