Petroleum and minerals
The New Zealand Advantage
» Strong indications of enormous and unexplored potential in the fourth largest exclusive economic zone in the world.
» A business friendly taxation system and regime drives an attractive overall cost of doing business.
» A supportive, encouraging political environment, stable economy and enviable lifestyle make New Zealand one of the most enjoyable places to do business.
Potential for “giant discoveries” on a global scale
Exciting, underdeveloped and unexplored opportunities exist in New Zealand’s first world, highly skilled and cost competitive petroleum and minerals industry. We have enormous potential for discovery – with GNS Science describing New Zealand as having a “number of geological structures capable of holding giant oil and gas fields”. Our exclusive economic zone, covering about four million square kilometres, is the fourth largest in the word. We have a wealth of opportunity in an our operating environment that was recently voted number two by the World Bank for ease of doing business, making New Zealand’s exploration potential hard to ignore.
New Zealand is experiencing an exploration growth phase. As a result of increased activity, royalties collected by the Crown for oil, gas and mining increased by 470 percent in the 2009 financial year. The sector is supported by a government that has a clear ambition to close New Zealand’s economic gap with Australia, and is pragmatic and supportive toward investment in petroleum and minerals. With our proven expertise in pioneering practices with low impact on the natural environment, exciting opportunities exist for the right organisations across a broad range of natural resources.
Contact our investment specialist
New Zealand Trade and Enterprise has a New Zealand-based investment specialist who can provide advice on current opportunities in this area.
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