2014-05-15

PEPANZ welcomes Green Party support for continued oil drilling

 

“An increase in oil and gas royalties to fund a Green Investment Bank is policy the oil and gas industry is willing to discuss with the Green Party,” David Robinson, CEO of PEPANZ said today.

 

“It is clear the Green Party rely on continuing oil and gas industry activity to provide $120 million of start-up capital for its Investment Bank initiative.

 

“We welcome the Green Party’s more realistic analysis of the role that oil and gas will continue to play in the economy in the immediate future, and look forward to discussing the policy proposal in a constructive and collaborative manner,” David Robinson said today.