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US$50m Maari deal hangs on word from Ministry

Govt drags its heels as decommissioning bill crawls through Parliament.

Tim Hunter Tue, 14 Sep 2021

The sale of a 69% stake in the Maari oil field off Taranaki has been delayed again as the government continues to withhold approval amid controversy over its Crown Minerals (Decommissioning and Other Matters) Bill.

Singapore-based Jadestone Energy agreed to buy the Maari stake from OMV for US$50

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Tim Hunter Tue, 14 Sep 2021
Contact the Writer: thunter@nbr.co.nz
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US$50m Maari deal hangs on word from Ministry
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