New Zealand will not grant any new offshore oil and gas exploration permits, the country’s Prime Minister Jacinda Ardern announced Thursday.
The prime minister’s statement on the decision was published on the New Zealand government's official website and hailed by environmentalists as a victory.
'The Coalition Government is taking an important step to address climate change and create a clean, green and sustainable future for New Zealand,' Ardern said in defense of the government's decision that no further offshore oil and gas exploration permits would be granted.
'We’re striking the right balance for New Zealand - we’re protecting existing industry, and protecting future generations from climate change,' she said.
The existing exploration and mining rights will be protected under the policy change and will not affect any current projects that have already received permits.
There are 31 oil and gas exploration permits currently active in the country, 22 of which are offshore, according to the statement.
Cameron Madgwick, CEO of the Petroleum Exploration and Production Association of New Zealand (PEPANZ) said in a statement that, 'the association is very disappointed in the government’s decision to halt offshore block offers.'
'The decision is a lose-lose for New Zealand’s economy and environment, likely to threaten jobs and mean higher prices for consumers,' Madgwick said and called on the government to urgently talk with oil and gas industry.
By Firdevs Yuksel
Anadolu Agency
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