How will Labour deal with a massive gas find?
Politik reports:
What is thought to be a massive gas find — as big as the Maui field – off the east coast of the South Island is likely to test the pragmatism, of the new Government and the relationship between the Greens and Labour.
New Zealand Oil and Gas wants to start drilling in the Braque, field, 60 km off Oamaru, by April next year.
In an economic impact study released yesterday, the company claimed the field had the potential to generate $15 billion in GDP and $32 billion in royalties and taxes over its life and could create up to 5,700 jobs annually during the construction phase.
The Greens will say that we must never drill anywhere for anything. NZ First will be keen to drill. So what will Labour do? Do you say no to that many jobs?